quality development, the overall quality control system of the firm and audit engagement will be effective. The 3 cycle inspection results demonstrate that, aside from the staff development and audit manual
2.46 -5.7% Steam to IU - Thailand Baht/Ton 1,059.31 1,034.45 -2.3% Effective gas cost Baht/mmBtu 240.00 239.89 235.26 -0.0% -2.0% B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s Discussion and Analysis
from the first inspection cycle (2010-2012) to 2019, the first year of the 4th inspection cycle (2019-2021), showed promising overall improvement despite the SEC’s more intensive inspection in several
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
for the 1ST cycle 1 October 2010 - 31 December 2012 Unit cost and standard cost testing Example 8 : An auditor simply performed an analytical procedure between inventory unit cost for the current year
cycle were found in the following areas: audit sampling, audits of revenue recognition under percentage of completion method, audits of inventory and cost of sales, and the process of forming an audit
, the SEC communicates with and educates the stakeholders on a continuing basis, especially via training sessions to prepare them for the soon-to-be-effective financial reporting standards. The
Riau Combined-Cycle Power Plant Project in the Republic of Indonesia. The payment was to fund the Project Development Cost Account as stipulated in the Power Purchase Agreement. 3.2 Analysis of
lease receivable, in accordance with the Effective Interest Method. Management Discussion and Analysis For the Three-month and Six-month Periods Ended 30 June, 2017 Page 6 2.4 Cost of sale and rendering
% Effective gas cost Baht/mmBtu 245.98 236.59 -3.8% B.GRIMM POWER PUBLIC COMPANY LIMITED Management’s Discussion and Analysis ABBREVIATION & OUR PROJECTS EXECUTIVE SUMMARY FINANCIAL PERFORMANCE FINANCIAL