, and eventually failures in detecting misstatements of financial statements. Moreover, as high-risk engagements require equally competent audit staff to deliver the audit works with sufficiently high
spread in Thailand and The government has enacted the Emergency Decree on Public Administration in Emergency Situation (Emergency Decree) and orders to close the places where there is a high risk of
/9692p.xlsx QAQR-02.xlsx that the firm considers as high risk? Please describe the relevant responses to these risks B1 Who is the ultimate shareholder(s) that have ultimate control of the audit firm, and;? B2
fraud risks by management that was prone to be a significant risk area. As a result, this engagement was concluded as having a moderate risk level, instead of that of a high risk, although management’s
, Center for Corona Virus Pandemic Prevention Management of Thailand (Sor.Bor.Kor.) announced the phase 4 of lighten prevention measurement by allowing the place of high risk to resume its service from 15
afford high-risk investment, such as institutional investors, private equity, venture capital and angel investors. Eligible investors also include directors and employees of the SMEs or companies in the
, permissible to be offered to institutional investors and high net worth investors, either directly or through intermediaries. Due to the instruments? characteristics of high risk and complexity, the investment
element that the firm considers as high risk? Please describe the relevant responses to these risks. A.1 Information System: Firm's Reference /Guidance Notes Description 1 How does the firm determine what
considered high-risk area, the Company has committed to support and operate in compliance with the government’s measures and orders by temporary closure the cinemas, bowling, karaoke and ice-skate in every
situation The Center for COVID-19 Situation Administration (CCSA) has announced the measures to mitigate Phase 3 starting on 1st June 2020 by re-open moderate to high risk businesses and activities which