violation harder to detect “Easy” to do Constraints More costly to the firms Auditor and regulators’ scrutiny and litigation risk the sum of accruals must be zero over the life of the firm. Model Test

and administrative expenses In Q3/2017, Mana Patanakarn Co., Ltd., the real estate development company, had sales & promotion expenses to boost sales of condominium projects “Aspen Condo” Phase A. As a

/ regulatory action 5. Advertising, raising customer awareness • One state regulator describes their role as making advisors reveal their “verification of misconduct” (costly verification) • Conditional on a

estate development projects but due to the feasibility study of the project, the Company considered that the development of the project on such land is costly and not cost effective. The Company, therefore

incentivize the PWA to purchase water beyond the minimum purchase requirement. This would help boost the potential revenue for the Company, maintain a good relationship with the PWA and ensure a sufficient

account for newer, more costly production processes to comply with new social and environmental regulations (i.e. anti-pollution). Apply balance sheet impairment charges to reduce (“write down”) the book

Listed Companies SET defines CG as a set of structures and processes of the relationships between a company’s board of directors, its management and its shareholders to boost the company’s competitiveness

revenue, profit and profit margin. Thus, the company planned to boost domestic sales and to enhance measures of waste reduction from the manufacturing process, expecting to help increase in net profit

net profit margin of 10.13%. This decrease resulted from cost of sale, cost of distributions and administrative expenses have increased. Thus, the company planned to boost domestic sales, develop new

with installed capacity of 10.5MW in Japan is under construction and expected to COD in Q1 2018, which will boost the total capacity to 50MW. PDI remains actively looking for projects with acceptable