FAMILY-FIRMS • Primary agency problem: Majority shareholder versus minority shareholder - Primary concern here is protection of minority shareholder interests. • Balancing positive weights of family
of audit firms has been an ongoing challenge, as a result of high turnover rates, coupling with low interests in this profession. With this concern in mind, the SEC and the Association of Chartered
landscape of the capital market. In 2019, the SEC initiated to revisit the whole legislative structure regarding the supervision of auditing professions in Thailand for the first time to enhance the
Code by Institutional Investors will enhance confidence by domestic and global markets clients1 and trust that investment decisions and management are done in their best interest. Moreover, the I Code
Matters (KAMs) in the auditor’s report, which will be effective for the audit of financial statements ending 2016 onward. In these attempts, we aimed to enhance more understanding of the new auditor’s
employee compensation and career advancement, build a culture that enhance employees’ morale and loyalty to the firm, as well as create the work environment that would better suit the younger generations
ICGN aims to help enhance substantive engagement between investors and company boards and management about the content and timing of integrated business reporting and decision- making by companies. In a
, audits of revenue recognition based on the percentage of completion method, and assessments of the appropriateness of management’s use of going concern assumption. Our root cause analysis has revealed that
enhance a company’s ability to generate long-term financial returns. Businesses that fail to make sufficient investments in the future can doom themselves to irrelevance. These businesses need us—their
financial and retail industry. We are aware of this concern and on the process of preparing for business opportunities in the future. An investment for preparation is needed to sustain the business in nearly