→ GESI sensitive → GESI transformational? Why include GESI in environmental talks? 4 A Recognisable Business Case and Risk There is pertinent relevance of GESI being a business case, which means it stands

assessor to better communicate the reason behind the consensus. All of which will lead to the effective improvement of the one being assessed. 12 Findings identified by the SEC Remediation plan implemented

acceptable international standards among different capital markets is considered the driving force to stimulate cross-border investments, and thus propelling such integration and linkages forward. Being

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

Community (AEC), and the advancing digital age amid the rapid pace of technological advancement, thus leading to changing customer behavior, regulatory changes and life platform-driven competition. Given the

“Need Improvement” and subject to mandatory follow-up in the next cycle has dropped significantly. This progress was contributed by audit firms’ continuing emphasis on quality improvement. Heads - 02 - of

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

to assist investors through the support of the Thaipat Institute by launching indicators to monitor listed companies in the areas of corporate social responsibility (CSR Progress Indicator) and efforts

employee compensation and career advancement, build a culture that enhance employees’ morale and loyalty to the firm, as well as create the work environment that would better suit the younger generations

sector remained challenged by new modes of competition in a broader marketplace amid the advancing digital age and its rapid pace of technological advancement. Businesses have also had to cope with Thai