any liabilities, its financial statements were not in compliance with the generally accepted accounting standards. The SEC thus instructed JAS to rectify those financial statements by recognizing the
concerning the issuance of bills of exchanges, the related receipt and payment transactions, the accounting records practice, and the questionable transactions of land sales and purchases. The company was also
license or securities business licenses in the following categories and is regarded as a Non-Publicly Accountable Entities, according to the Federation of Accounting Professions’ financial reporting
related receipt and payment transactions, and the accounting records practice. The company was also required to examine the issue raised by the auditor whether the questionable transactions of land sales
cooperate with the auditor to supply all necessary information and evidence and to rectify the financial statements of both accounting periods. The rectified and reviewed financial statements must be
Earlier, the SEC notified NRF to rectify its financial statements for the year 2024 and Q1 of 2025 regarding the accounting of the change in the shareholding proportion in Kairous Asia Limited (KAL
) for colluding to make false entries and/or keep incomplete, incorrect or inaccurate accounts in JKN’s financial statements for the year 2023, and accounting documents for the first quarter of 2024 to
, SEC Assistant Secretary-General (Accounting and Auditing Supervision) 2 Dr. Monta Chayakonvikom, Vice President of Data Innovation and Governance Institute, DGA 3 Mr. Prakorb Jongjarussang, DCT
submission period of PE Trust-1 Report from within 15 days as from the end of the financial period of the trust to within five months as from the end of the accounting period instead. This extension would