with QoQ. This is due to the decrease in write off obsolete finished goods and better control. The Company reported shutdown expenses for inventory management against sales volume at Baht 15.7 million

, increased by 68.57% from last year, due to allowance for the decline in value of obsolete and long-aged finished products. Selling and administrative expenses Selling expenses presented at Baht 357.68

to write off obsolete inventories during the period. The Company reported shutdown expenses for inventory management against sales volume in 2Q17 at Baht 39.5 million decreased by 31.8% compared with

2.5% compared with QoQ, primarily due to declining of write off obsolete inventories during the period. The Company reported shutdown expenses for inventory management against sales volume in 3Q17 at

: • Audit manuals did not contain guidelines in assessing inherent risk, control risk and risk of material misstatements. • Audit manuals did not prescribe the criteria in selecting materiality base, as well

Baht 8.91 million, decrease Baht 11.53 million or decrease 129.37% , due to sale on obsolete machine cause to revert allowance for decline value which was previously recorded as a loss from impairment on

% over the same period as last year. The increase in the overall gross profit margin was mainly driven by the Baht 73.39 million reversal of provision for obsolete and slow- moving inventory which was a

impairment on asset (reversal) In Q3/2017 the loss from impairment on asset was revert Baht 2.62 million, due to sale on obsolete machine cause to revert allowance for decline value which was previously

assessment regarding inherent risk and control risk and he did not identify nature, timing and extent of audit methodologies from different risk levels. Example 8 : The current year summary of uncorrected

Securities and Exchange Commission Independent Audit Inspection Activities Report THE ROAD LEADING TO GROWTH 2013 This report is available for download on the SEC website: www.sec.or.th Contact For more information, please contact us at: Securities and Exchange Commission,Thailand 333/3 Vibhavadi-Rangsit Road, Chomphon, Chatuchak, Bangkok 10900, Thailand Tel : +66 2 263 6082 or +66 2 263 6218 e-mail : oca@sec.or.th Root cause analysis Activities for enhancing audit quality Suggestions on how to...