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
improved to 34.5% or +270bps QoQ. Gross profit increased by THB 105 million YoY (or 5.0%) to THB 2,186 million in Q4’18. The big improvement was resulted from Fitness First (cost saving project), which drove
work plans to enhance the quality of financial reporting and audit work. Regarding the enhancement of regulatory frameworks imposed on auditors and audit firms, the Thailand Development Research
rate of assistant auditors in 2018 was 22 percent, showing promising improvement from 27 percent in 2017. When classifying the turnover rate of 2018 into those of Big-4 and non Big-4 firms, the turnover
16,553.01 million baht and 1,419.84 million baht respectively, increasing 4.10% and 13.73% from the previous year. Furthermore, the company has continued to focus on both operational efficiency improvement
and administrative expenses increased by Baht 2.12 million or 2.59% the main reasons are the expenses incurred from the expansion of subsidiaries, staff cost and expenses of hospital quality improvement
due to the R&D and sales force invested for new products development enhancement and 7.6% lower compare to last quarter due to Q2’19 have high R&D outsource service in Europe Operating profit in Q3-19
followings: Activities relevant to the improvement of audit inspection Meeting between the delegates from Big-4 firms and SEC Workshop to explore how to improve the audit quality of local firms Workshop to
individual auditors’ engagement. The overall results of the inspection conducted on 13 audit firms in 2016 during the third cycle, which is between 2016 to 2018, indicated continuous improvement from the
world trade volume. In addition, tourism sector and the agricultural sector expanded continually, as well as improvement in public consumption and private investment. While, public investment declined. As