.............................................................................................................................................................. 15 3.3. Pathway 2: Relative Performance Improvement ................................................................................................................................................. 16
crash risk. SEC Classification : ใชภ้ายใน (Internal) ACADEMIC CONTRIBUTION ❖ T h e m a j o r i t y o f t h o s e s t u d i e s u t i l i z e C h i n e s e f i r m . ✓ Han et al. (2019): no improvement of
Thailand Education • MBA, University of Iowa, U.S.A. • Ph.D. in Accountancy (Honorary), Thammasat University 2. Prof. Hiran Radeesri Position • Honorary Member, Thammasat University Council • Academic Member
. The SEC also encouraged audit firms to prepare for compliance with the International Standard on Quality Management 1 to drive the improvement of the quality control system of audit firms in the capital
audit quality, training sessions on how to remedy the recurring deficiencies identified in several audit firms. Such efforts to develop audit 02 quality have evidently paid off with the improvement of the
firms demonstrated an improvement vis-à-vis the results from the previous inspection cycle. Such improvement was undoubtedly enabled by the formulation of audit firms’ root cause analysis process and
mainly by hotel business performance improvement and the gain from the sale of other long-term investment The Company reported 1Q18 revenue of THB 1,698 million, an increase of 12.5%, mainly driven by
from the first inspection cycle (2010-2012) to 2019, the first year of the 4th inspection cycle (2019-2021), showed promising overall improvement despite the SEC’s more intensive inspection in several
• Certified Public Accountant (CPA Thailand) 1 7 2 8 3 9 5 4 10 6 6 Securities and Exchange Commission, Thailand 2. Prof. Hiran Radeesri Position : • Honorary Member, Thammasat University Council • Academic
: (1) having a complete work system for operating the mutual fund rating business which can be shown that the rules used in the mutual fund rating are based on academic principle and reflects the purpose