stakeholders in discharging their duties to the fullest capacity and improve the quality of financial reporting of entities in the capital market. Aside from the aforementioned efforts and developments, the SEC

over the previous year, with some findings in the substantive procedures of complex transactions or transactions that required intensive judgment. The firms can remedy deficiencies by increasing the

understanding of their roles and building their readiness for discharging duties more efficiently and effectively. Additionally, the SEC reviewed the accuracy of financial reports of listed companies, supervised

accrued expenses during the end of period as some entities may prematurely recognize revenue or incompletely record accrued expenses. The results also gave a recommendation on the guideline for establishing