Section 105 Securities and Exchange Act B.E. 2535 Section 105. A securities company shall prepare its accounts stating true and accurate business operation and financial condition, which must conform
accurate, complete, truthful and updated manner; (2) establishing a code of conduct or rules for securities transfers, pledges, securities attachments, issuance of new securities certificates and other
within five business days as from the date on which the SEC Office receives the application, supplementary documents and letter of certification which are complete and accurate. In cases where the SEC
ratio 14 Key Takeaways • Improve measurement of intangible capital for enhanced support in investment, taxation, and macroeconomic analysis. • Accurate intangible capital measurement is crucial for
and documents submitted or presented or the explanations to elaborate or clarify in accordance with the first paragraph shall be complete and accurate.
. (2012) find that IT control deficiencies affect management forecasts. The management forecasts will be less accurate with the existence of material IT control deficiencies. 3 Why DO WE NEED To Audit IT
, 1987; Budish et al., 2014, 2015) • Provide more accurate price discovery (Barclay & Hendershott, 2008; Li et al., 2021) and reduce volatility and improve liquidity (Eom et al., 2021;Huang & Tasi, 2008) 4
contract has not yet been signed with the project owner. Should there be any update, the company will inform investors accordingly. The company certifies that this information is accurate and complete in all
significantly increased thanks to the audit firms’ devoted allocation of resources to develop quality control system, enhance quality of human resources, and invest in audit supporting technology to improve both
participants should strive toward in order to improve investor protection and the fairness, efficiency and transparency of securities markets, and reduce systemic risk. The Principles apply to all types of CRAs