. Moreover, there was a high base in Q4’2017 since the market reacted to an announcement of the new excise tax imposed to RTD Tea before the regulation became effective in mid Sep’17. Although the challenging
challenging to audit due to high degree of judgment required. • Complex transactions • Complexities of auditing IT : in particular in the areas of valuation, internal control and evidence of work performed
owners tend to maintain control over firms and to be reluctant to disclose information, raising concern for good corporate governance. It was highlighted that significant challenges for family-controlled
“kreng jai,” which refers to Thais’ unique behaviors of refusing requests less, showing agreement more, challenging other people less, and avoiding confrontation more, communication in the Thai language
sector contracted sharply due to international travel restrictions. Therefore, the Thai economic recovery would take time to return to pre-pandemic levels. The first nine months was a challenging period
Company is confident that our strategy and prompt action plans will enable us to navigate the shifting retail landscape in the future. The current business situation First half of 2020 was a challenging
control system at the firm level and the individual engagement level, the SEC encourages all stakeholders to attain a better understanding and awareness of their roles within the ecosystem, from the
equity funds find it challenging to outperform the market total return benchmarks. Delisting/merging is very rare. Periods Large & Mid/Small-Cap Equity Funds Large-cap Equity Funds No. of Survival Funds
maintains its mission to oversee and develop the quality of auditors in the capital market. The quality control system of the audit firms is regularly inspected, and the audit engagement is randomly selected
............................................................ B. Engagement Level ............................................... Root cause analysis and examples of action plans to improve the quality control system .................. Our Focus for the Third