resembles the international supervisory framework. The audit quality control regulatory shall be performed at both individual auditor level and firm level. In order to enhance quality and reliability of the
under the good quality control system both at firm level and engagement level. In response to the aforesaid, the SEC has revised rules on granting approval of auditors in its continuing efforts to
effort towards encouraging and supporting Thailand Federation of Accounting Professions in prescribing accounting professional standards to be in line with the international, both the development of
considered as executive as well. Therefore, both Manager Z and Assistance CFO Y are regarded as “executives". Acts and Royal Enactments Ministerial Notifications Rule Making Process Regulations Ministerial
addition, information should be both financial and non-financial which reflects the strengths and weaknesses of the company in order for the shareholders to have complete information in making a decision and
equivalent to the fourth rank]" by more than one tier, all higher-level-positions in the same hierarchy pillar must be considered as executive as well. Therefore, both Manager Z and Assistance CFO Y are
bills, bank deposits, debt instrument mutual funds (both Thai and foreign), or in units of other RIETs (both Thai and foreign) and property fund type 1. In case of investments in incomplete real estate
both price dilution and control dilution The shareholders meeting resolved to approve the issuance of sufficient underlying shares. Such shareholders' resolution shall be effective for no more than one
majority shareholders) have personal interests (both directly and indirectly) that may be in conflict with the company's interests which results in such persons' failure to make a decision or to perform