such as push selling or unsuitable distribution of financial products are found as a common area of concern arises in many jurisdictions, which poses challenge to the regulators. In this view, members

• President, Institute of Certified Accountants and Auditors of Thailand Education • Executive Program in Business Administration, University of Columbia, New York, U.S.A. • Ph.D. in Accountancy (Honorary

bargain purchase 0.00 0.00 33.64 33.64 100.00 33.64 100.00 Profit before Selling and Administration expenses 12.61 58.17 81.06 22.89 39.35 68.45 543.05 Selling expense 3.36 26.92 8.54 -18.38 -68.27 5.18

113.09 Gain from bargain purchase 0.00 0.00 33.64 33.64 100.00 33.64 100.00 Profit before Selling and Administration expenses 12.61 58.17 81.06 22.89 39.35 68.45 543.05 Selling expense 3.36 26.92 8.54

have to buy the high material cost which we had bought in advan cost is used up almost all in 2 nd and 3 Administration and selling expenses is decreased from last year due to the budget controlling

quarter of 2016. Sales and Administration cost The company recorded sales and administration cost of 175.80 million Baht for the year ended December 31, 2017 which decreased from the same quarter last year

and Administration cost The company recorded sales and administration cost of 78.93 million Baht in the second quarter of 2017 which decreased from the same quarter last year totaling 3.35 million Baht

expenses in the second quarter of 2017 resulted in gross profit of 13.82%, an increase of 0.72% from gross profit of 13.10% in the second quarter of 2016. Sales and Administration cost The company recorded

expenses in the third quarter of 2017 resulted in gross profit of 14.57%, an increase of 0.71% from gross profit of 15.28% in the third quarter of 2016. Sales and Administration cost The company recorded

3.63% from gross profit of 19.41% in the third quarter of 2016. Sales and Administration cost The company recorded sales and administration cost of 39.64 million Baht in the third quarter of 2017 which