firms and the audit work quality of listed companies.Senior Assistant Secretary-General Prakid Punyashthiti said: ?The overall results of the second-cycle inspection show continued improvement in the work

Offeror : Point of View (POV) Media Group Company Limited | Date of submission of the Statement of Intention : 22/07/2022

Offeror : Point of View (POV) Media Group Company Limited | Date of submission of the Statement of Intention : 01/07/2022

Offeror : Point of View (POV) Media Group Company Limited | Date of submission of the Statement of Intention : 14/07/2022

indicated impressive improvement in terms of audit manuals and audit programs for most of the audit firms. Nonetheless, more emphasis on some areas is needed, such as planning and risk assessment as well as

are higher than distressed RTOs. • BHAR is decreasing in relative deal size and future changes in book value to equity. • Liquidity shows improvement post announcements as indicative in lowered spreads

become more focus whereas private sector was urged to express their intention to join Collective Action Coalition against Corruption. All the aforesaid have led to concrete improvement in the aspect of

concrete improvement in the aspect of corporate governance where Thailand obtained 82.83 out of 100 in CG ROSC assessment while ranked the third in Asia in CG Watch assessment and assessed with the highest

of Frauds Whereas the audit committee, the independent directors and the executives of listed company play an important role in promoting good corporate governance, driving the improvement of financial

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