holdings—most of which are high-quality—at lower than fair value prices, impacting the funds’ value. This rapid decrease in the funds’ value might lead to further sell of other mutual funds and result in
ASEAN Audit Regulators Group meeting. High-quality financial reports are significant in cultivating trust in the capital market. To that end, auditors play an essential role in auditing and expressing
and innovations to facilitate fast and convenient market access, more efficient cost management of existing and new intermediaries in fulfilling investors? demands, enhancing market supervisory
Bangkok, March 26, 2014 ? Institutional investors announced proxy voting guidelines aiming to boost quality and sustainable growth of listed companies and the Thai capital market. The institutional
and financial planning services to be of high quality and conveniently accessible for the public. This is to allow better access to investment services and lower costs for investment advice providers;(2
together with cross-bordering offering under equivalent standards of high quality financial reporting. The AARG discussion will cover the latest global inspection survey results conducted by International
accepting any audit engagements; assess the firms? adequacy of human resources with sufficient skills, knowledge, and capabilities to deliver high quality audit work; and improve risk assessment criteria to
preparing high-quality financial reports;Organizing appropriate internal control system, quality internal audit unit, along with monitoring the efficiency and effectiveness of risk management within the
high quality audit work. This means audit committees would be able to do their job more efficiently as well,? Mr. Prakid said.Creating a well-balanced and sustainable ecosystem for financial reporting of
company may have to take on more burden of appointing new auditors from other audit firms. Given such a scenario, audit firms should recruit sufficient auditors in the capital market to perform high quality