situation The Center for COVID-19 Situation Administration (CCSA) has announced the measures to mitigate Phase 3 starting on 1st June 2020 by re-open moderate to high risk businesses and activities which
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
period Moderate to low 4 Fixed income fund Investing in government bonds and corporate debt instruments with non-investment grade/unrated securities not exceeding 20% of NAV Moderate to high 5 Fixed income
fraud risks by management that was prone to be a significant risk area. As a result, this engagement was concluded as having a moderate risk level, instead of that of a high risk, although management’s
solutions to the human resources problem in the audit industry. • In September 2012, the SEC issued guidelines for audit committees to select high-quality external auditor. The SEC held a seminar for audit
1 1 4 4 2 7 5 3 2 2 4 5 N ot Q ua lif ie d Exposure to the capital market Score RBA Results every year every two years every three years H: MH: ML: L: High exposure to the capital market Moderate to
market Moderate to high exposure to the capital market Low to moderate exposure to the capital market Low exposure to the capital market Figure 1: The firm-level inspection results, categorized by risk
years every three years 1 2 3 4 5 H: High exposure to the capital market MH: Moderate to high exposure to the capital market ML: Low to Moderate exposure to the capital market L: Low exposure to the
review of selected engagements which were in high-risk industries with focus on review of primary accounts affected by the adoption of new financial reporting standards, matters that required high
HR solutions. HR solutions grew by THB 26.27 million or 15.04% from the recognition of license income and implementation fee from projects in Thailand and Malaysia, as well as, moderate growth in