INDEPENDENT AUDIT INSPECTION ACTIVITIES REPORT 2020 SECURITIES AND EXCHANGE COMMISSION, THAILAND Contents Executive Summary 01 04 08 15 28 58 62 70 47 Quality Assurance Review Panel Activities for Enhancing Financial Reporting Quality Summary of Audit Inspection Results A. Firm-Level B. Engagement-Level Root Cause Analysis Framework and Focuses in 2021 Essential Statistics Auditing Landscape in Thailand Executive Summary Over the past year, the Thai capital market experienced tremendous volatili...
implemented in some areas and business activities contributed to economic recovery. Private consumption contracted in consistent with low purchasing power and confidence. Meanwhile, the tourism sector
the first seven months as a result of the BOT's economy stimulating monetary policy, while inflation risk remained low. The policy rate was cut five times from 5 percent to 3.25 percent. Government bond
liquidity management with efficiency and low risks, facilitating bond trading, reducing cost of capital for the government and contributing to overall development of the bond market. 3.2 Other Measures Apart
the financing cost of the Lender. Therefore, it is reasonable to increase the efficiency of capital management and reduce financial costs; including the risk of non- payment according to the transaction
to invest in the project due to reasonable return and low risk, despite the fact that the IFA’s opinion on the risk of unclear source of funds, and present to the shareholders for approval. Agenda 10
Communications Co., Ltd shared MIS resource and system from Kinpo Electronics Inc. to support operation and reporting system. 4. Total cost Total cost for one year is NTD 24,000,000, approximately Baht 26,080,000
Communications Co., Ltd shared MIS resource and system from Kinpo Electronics Inc. to support operation and reporting system. 4. Total cost Total cost for one year is NTD 24,000,000, approximately Baht 26,080,000
considering the balance of three dimensions – economy, society and environment – under good corporate governance, appropriate risk management and effective cost management. Along with this, we have prioritized
these events, the economy has remained resilient overall. GDP growth continued at 6.1 percent with inflation remained low at 2.8 percent. The capital market though affected by uncertainties, performed