at both individual auditor level and firm level. In order to enhance quality and reliability of the financial disclosure system of the entities and auditors, the SEC has revised the rules on approval
at least three persons and at least one person must have adequate knowledge to review the reliability of financial statements. The scope of power and duties is clearly specified. Directors
statement-quarterly and annually; Annual report; Project progress report, in case of IFFs' investment in greenfield project- semi-annually; Report in the event of changes that may significantly affect IFFs or
statement-quarterly and annually; Annual report; Project progress report, in case of IFFs' investment in greenfield project- semi-annually; Report in the event of changes that may significantly affect IFFs or
qualifications, or b. foreign auditors violate the professional code of ethics or international auditing standards, and the violations lead to negative effect to the overall reliability of the Thai Capital Market
violate the professional code of ethics or international auditing standards, and the violations lead to negative effect to the overall reliability of the Thai Capital Market. Normal 1. Qualification of