of the 30 new auditors was approved and became new registered auditor. The inspections revealed six major issues: Revenue recognition Planning and risk assessment 0% 5% 10% 15% 20% Completion Inventory
inventory on lower- margins from sales. Total expenses were Baht 450.0 million, decreased by 5.9% compared to same quarter last year due to measures taken up to control expenses. As a result, the Company
71.9 Allowance for the decline in value of inventory 2.2 0.9 150.6 12.4 3.9 219.9 Selling expenses 49.7 73.7 (32.6) 157.1 216.5 (27.4) Administrative expenses 38.8 38.0 2.1 98.0 142.5 (31.2) Foreign
Analysis Total Expenses (Million Baht) Quarterly Change 1/2020 1/2019 % Cost of Goods Sold 178.8 257.2 (30.5) Temporary Shutdown Expenses 44.8 43.9 2.3 Allowance for the decline in value of inventory 6.0
shutdown expenses 38.6 9.4 309.7 82.4 25.2 227.5 Allowance for the decline in value of inventory 1.7 3.9 (56.9) 3.0 5.1 (42.1) Selling expenses 69.7 83.4 (16.4) 142.8 167.1 (14.5) Administrative expenses
presenters and should not be treated as those of the SEC Thailand. • These slides are not to be posted (on any websites or public domains), cited, copied or circulated. 2 Revenue recognition 3 Revenue
Mutual Recognition of Funds between Hong Kong Special Administrative Region of the Peoples Republic of China and Thailand
) Temporary Shutdown Expenses 43.9 15.7 178.3 Allowance for the decline in value of inventory 1.3 1.2 4.4 Selling Expenses 73.1 83.7 (12.7) Administrative Expenses 46.5 32.6 42.5 Finance Costs 4.8 4.7 4.0 Total
from sales and services. Distribution costs and administrative expenses decreased 20% due to in the second quarter of 2016, the subsidiaries have recognised a provision for inventory obsolescence and
system. However, their listed company clients accounted for only 10 percent of the total market capitalization. At engagement levels, significant deficiencies were such as audits of revenue recognition