Regulators Group) in Kuala Lumpur, Malaysia. The AARG was established by the collaboration from the Audit Oversight Board (“AOB”) of Malaysia, Accounting and Corporate Regulatory Authority (“ACRA”) of
relentless efforts to improve the quality of financial reporting, the SEC, in strategic collaboration with other organizations such as the Federation of Accounting Professions (“FAP”) and other regulators, has
essential goods and services. 4.1.9 It is noted that the definition of target population can vary across ASEAN and that, in some cases, such target population(s) may also be served by addressing the general
continuously encouraged and monitored the improvements of both the quality of audit firms and that of individual auditors and we have noted that auditors and audit staff who belong to audit firms with effective
beginning to the completion of financial reporting activities. Collaboration and support of all parties involved is also important for quality financial reporting of companies in the capital market
............................................................................................ 23 COLLABORATIVE ENGAGEMENT Effective Collaboration ...................................................................................................................................... 26 Group
. • Data analytics is being seen mentioned increasingly in proposals to secure audit and non-audit engagements. Noted that big data was a key component in the awarding of certain large proposals. • May
projects were implemented with the collaboration from the Thailand Federation of Accounting Professions (TFAC). For example, the preparation for the implementation of the International Standard on Quality
have investigated the Group’s and the Company’s processes and procedures over the recognition of advertising revenues. As a result, the management have noted that some previously recognised advertising
more than Baht 1 million but less than Baht 20 million or more than 0.03% but less than 3% of NTA, whichever is higher. It is noted that 3% of NTA as at 31 December 2017 was approximately Baht 596