governance principles. Principle 4.3 When the issues of concern or risk factors identified have not yet been publicly disclosed, Institutional Investors should engage the Investee Companies on a confidential

fund, a securities company shall proceed in accordance with the mutual fund project which has been approved by the SEC 5 Office. Revision or modification of the mutual fund project or revision to the

related to digital assets in the future. Significant and recurring deficiencies arising from the inspection of auditor’s engagement, e.g., revenue recognition, going concern and provisions of allowance for

- net 4,744.9 4,337.7 407.2 9.4 Total assets 240,713.1 240,084.8 628.3 0.3 Loans to Customers As of 31 March 2021, loans to customers net of deferred revenue and modification gain or loss from the new

owners tend to maintain control over firms and to be reluctant to disclose information, raising concern for good corporate governance. It was highlighted that significant challenges for family-controlled

represented 41.47% relatively steady compared to previous period effect from a promotion that mention above. However, the Company has concern about the maintaining gross profit margin, so the marketing

emphasized that "Sustainable development in the areas of the environment and human rights is an issue that the global community continuously emphasizes, and it has become a primary concern for every country

of concern for regulators is the risks associated with the widespread adoption of digital assets as a means of payment, as discussed above. As the current payment system in Thailand is already

% and 67% of RTO firms in Singapore and Thailand use mixed mode payment involving combination of share swap with cash/warrants is indicative of incoming firm’s concern of valuation uncertainty and

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...