Bangkok, June 9, 2015 ? The SEC notified Electronics Industry Plc. (EIC) to cooperate with the auditor in auditing and reviewing its 2014 and Q1/2015 financial statements where the auditor expressed
auditor rotation, aiming to enable the audit committee to appoint an independent individual to be its auditor and promote the auditors to truly maintain their independence.
2015 and 2016 were restated because fictitious revenue had been recorded. The SEC reviewed Patamavan’s engagement performance as NMG’s auditor and found that she failed to obtain reliable evidence that
Bangkok, April 12, 2016 ? The SEC is seeking public comments on a draft amendment to the rules governing approval of auditors in the capital market with the respect to the roles of the Auditing Advisory Committee, to further enhance supervisory independence in line with international standards, and to increase recognition from international audit organizations. The proposed amendment aims to revise the required voting proportion ? one of the integral parts of such rule - for the Auditing Advisor...
Bangkok, 1 February 2018 ? The SEC is urging Chuo Senko (Thailand) Public Company Limited (CHUO) to cooperate with its auditor regarding the auditing of the company's financial statements for the
Bangkok, 20 March 2018 ? The SEC is seeking public comments on the proposed amendments to the rules governing information disclosure and auditors of securities issuers to be more in line with the International Organization of Securities Commissions (IOSCO) standards and in support of the upcoming Financial Sector Assessment Program (FSAP). The SEC together with other financial sector regulators, i.e., the Bank of Thailand and the Office of Insurance Commission, will participate in FSAP, which wi...
Bangkok, June 16, 2016 ? The SEC in cooperation with the Federation of Accounting Professions (FAP) under the Royal Patronage of His Majasty the King is organizing the New Auditor?s Report
delay.According to the auditor?s report, accounting policies were improperly used in the annual financial statements for the year 2014, whereby Smart Traffic Co., Ltd., an EIC affiliate, failed to record allowance
informed to the Audit Committee and the auditor to explain the facts and related actions regarding this issue. SEC requires the actions of the Audit Committee to ensure that SPRC has measures to improve
Pursuant to Section 89/25* of the SEA, the auditor who perform an audit in accordance with the auditing standards has the duty to report to the Audit Committee of the securities company** or the