TSQC1 consists of six elements, all of which are important for the system of quality control, deficiencies in one element inevitably affect the working of others and resolving a weakness in one element
a separation of duties in important business units which would result in check and balance; there is an internal audit unit which reports directly to the audit committee; there is a clear line of
transaction is more than Baht 1 Million but less than Baht 20 Million or more than 0.03% but less than 3% of NTA. Whichever higher. The size of transaction is important. Hence, the Company is required to get
important that the auditors carefully assess the audit risks and plan their audits accordingly. This becomes particularly important as the effective date of the new auditor’s report is fast approaching, where
Board (IASB), as the keynote speaker, and other important guest speakers, including the representatives from Thai Accounting Standards Committee, an IFRS expert from the Association of Chartered Certified
consolidation level, the auditors of parent companies are required to make adjustments. Suggestions. From the results, tone at the top plays an important role in reducing financial statements adjustments
transparency and accountability of the board of directors to build investor confidence. Such confidence is essential to raising capital and being a public listed company. Confidence is indeed important; it is
and Exchange Commission, Thailand. Please send comments to polpatt@sec.or.th or parit@sec.or.th Parit Ngaobenjakul Chatchai Thisadoldilok, CFA, FRM Polpatt Vinaibodee, CFA, CIPM Important Notice The
major gains/losses of clients in the year? 2 The standard documentation highlights all important matters for consideration, including: · integrity and identification checks on client, for example: · The