employee expenses and legal expenses. 4. Allowance for doubtful accounts and damages from lawsuit In year 2019, the Company has reversed of allowance for doubtful accounts due to the repayment from the
reversed allowance for doubtful accounts amounting to Baht 15 million due to the Company received partial payment of advances for share subscription from Khun Pornpan. For year 2019, the Company received the
Activity Report 61En INDEPENDENT AUDIT INSPECTION ACTIVITIES REPORT 2018 INDEPENDENT AUDIT INSPECTION ACTIVITIES REPORT 2018 Executive Summary....................................................................................02 Quality Assurance Review Panel........................................03 Activities for Enhancing Financial Reporting Quality.................................................................................................07 Summary of Audit Inspection Results A. Firm-Le...
. (c) Addressing significant matters arising during the engagement, considering their significance and modifying the planned approach appropriately. (d) Identifying matters for consultation or
. For the year 2018, there was the reversed entry of the allowance for doubtful accounts greater than this year for 2.43 Million Baht. 4. There is an increase in administrative costs due to the increase
associated with price increases and enjoy a further price continuation, but price drops from sales is nearly fully reversed (Chan and Lakonishok, 1993, 1995) – Keim & Madhavan (1995): buy orders take longer
amount are higher than investment cost, the company has reversed the impairment of investment in statement of income in separate financial statement, this does not effect to consolidated financial
which benefits the company, this loss can be reversed to a Company's profit at the end of the project. 3. Expenses The Company and subsidiary had overall expenses at Baht 129.47 million which increases in
borrowings from financial institutions and bill of exchange. Bad debt and doubtful accounts (reversal) The Company reversed bad debts and doubtful accounts of Baht (20) million in 2017 due to cash received
million or equivalent to 45.23% and gross profit margin from sales was 22.70%. Reversal of Allowance for Doubtful Accounts In the 2nd quarter of 2019, the Company reversed allowance for doubtful accounts