much needed for planning. Employee performance evaluation To emphasize the importance of audit quality, audit firms should align staff and partner compensations and promotions with this ultimate goal of
closely monitoring the situation and assessing possible impacts, placing importance on efficient risk management under the supervision of the Risk Oversight Committee, 8 Market Risk Management Sub-committee
in raising funds for both public and private sectors, thanks in large part to the cooperation among the SEC, capital market organizations and listed firms in underlining the importance and
efforts on credit approval process improvement , while ensuring risk levels under a defined risk appetite. Aside from the above practices, KBank realizes the importance of Corporate Social Responsibility
forthcoming liberalization within five years. Message from the Secretary-General 4 not only empowered businesses but also furthered the moves toward the SEC's much anticipated self- regulation. On social
follows: The leaders of the audit firms are the potent figure towards the internal culture. Should they prioritize the direction of policies and procedures that expresses the importance and necessity of
highest score on the ASEAN CG Scorecard (a gauge administered by the ASEAN Capital Market Forum) in the region for a second consecutive year. The SEC places considerable importance on enabling and
accounting standards while auditors must work for audit firms that have a quality assurance system in place. In addition, the SEC encouraged trade associations to expedite its preparation for self-regulation
audit standards. - Specify the description of the personal assurance work that deemed as ‘acceptable.’ - Require the staff to self-declare his or her personal assurance work, the firm will be able to
and international economic and political uncertainties as well as abrupt changes in capital movements, KBank is closely monitoring the situation and assessing possible impacts, placing importance on