companies need updating. 2. Political Environments Mandatory rotation of audit firms : Introduces huge numbers of audits by ‘new’ auditors, and the tendering process is taking up a lot of the auditors
cost control. Consequently, sales expenses to sales revenue ratio dropped from 48.01% to 42.26% as the Company held up the sales, sale promotion, and marketing expenses. Table 6: Sales Expenses by Type
such as salary of salespeople and beauty advisors from both the Company and Kuron Company Limited. In addition, we have focused on efficiency in cost control. Consequently, sales expenses to sales
financial sector towards the country’s shift to an environmentally sustainable future. • At the same time, this guide represents a huge opportunity for the growing numbers of individual and institutional
The Derivatives Act The Derivatives Act B.E. 2546 SECTION 18. In order to protect customers, maintain stability of the financial system or control the risks arising from derivatives, the SEC shall
sales decreased, but the company was still able to control the cost well. Gross profit margin and Net profit margin was at 53.59% and 34.10% respectively, while Return on equity (ROE) was 12.89% and
services income would decrease by 226.32 million Baht or 5.31% due to the declining in raw water sales volume). In 2017, the company was able to control the cost of raw water business effectively, especially
professional ethics, the provisions of law relating to auditors, and the SEC regulations. Furthermore, registered auditors shall work for audit firms that have an audit quality control system in compliance with
while expenses had grown, as a result; a huge drop in 6 months period by 137%. Profit (Loss) before tax: A sharp drop of 174% in 2Q19 comparing to 2Q18, while 6 months recorded a 91% less than the same
accounting department who prepares financial statements, auditors, the corporate governance of the entity that reports the financial statements, and other factors. Financial statements preparers control the