SEC Secretary-General Ruenvadee Suwanmongkol said, “As I have taken a job as head of SEC since early May, I commit myself to work closely with SET on holistic approach in order to enhance
future adequacy of the firms’ human resources. In particular, there has been a lack of competent workforce in the audit profession due to the audit firms’ high turnover rate. Furthermore, a declining
role of a facilitator for the development of business entities and the public accountancy profession. The mission of ACRA is to provide a responsive and trusted regulatory environment for businesses and
University and a Barrister at Law from the Thai Bar Association. He is well-recognized for his expertise within the legal profession. Prior to taking office as Chairman of the SEC board, he served in several
of audit firms has been an ongoing challenge, as a result of high turnover rates, coupling with low interests in this profession. With this concern in mind, the SEC and the Association of Chartered
Gap 8 g Investor Return Gap = Asset Weighted Investor Return – Average Total Return /Study on U.S. domiciled funds Source: Morningstar Direct Mind the Gap 9 gRecent study in 2014 /Surprise! The Investor
30% increase in SG&A, mainly from profession fees relating to the investment in the Outrigger-branded hotel portfolio, as previously mentioned. Page 5 of 5 Financial Costs (Interest Expenses) In 1Q18
and effective oversight of the accounting and audit profession. (ii) Securities commissions and stock exchanges should require listed companies to disclose on a timely basis any change of auditors and
image to foreign investors (1) Continue the CG ROSCs process towards having Thailand’s good CG standards assessed by international organisations (2) Study CG appraisals conducted by international
with accountability by using knowledge, skill, experience and prudence as usually required from the person of same profession and to uphold professional code of ethics of a financial advisor; (2) to