Frequency of monitoring and assessment activities is suitable to the company’s change. 16.4 The monitoring and assessment activities on the internal control are carried out by knowledgeable and competent
audit firms were also conducted. For example, (1) succession plan and retention plan, (2) maintenance of independence of audit firms and auditors, (3) assessment on readiness of accounting personnel, (4
inspected by the SEC bear no deficiencies in this element thank to the tool supporting the firm to perform risk assessment and the thorough independence evaluation before accepting audit engagement. The
capital market regulatory agencies around the world. In 2018, we will participate in the Financial Sector Assessment Program, known as FSAP. This will ensure that the oversight system of the financial
could be exchanged or a liability settled between knowledgeable, willing parties in an arm's length transaction. 4. New policy on allowance for obsolete inventories Inventory from 1 year and above and
fortify the firm’s quality control system. The SEC believes improvements on the following issues would further strengthen this element of the firm-level quality control. 13 Risk assessment during client
Activity_Report_62En INDEPENDENT AUDIT INSPECTION ACTIVITIES REPORT 2019 INDEPENDENT AUDIT INSPECTION ACTIVITIES REPORT 2019 Contents Executive Summary 02 42 45 19 30 04 08 14 Quality Assurance Review Panel Activities for Enhancing Financial Reporting Quality Summary of Audit Inspection Results B. Engagement-Level A. Firm-Level 38 Root Cause Analysis Framework and Focuses in 2019 Essential Statistics Auditing Landscape in Thailand Executive Summary The capital market plays an important role in d...
of policy and procedures for human resource management such as the employment and the recruitment of knowledgeable and competent persons. 9. Supporting staff in developing knowledge, skills and
: (a) the person shall be knowledgeable and have experience in the management of investment or management of interests of infrastructure assets for the total period of at least three years during the
DISCLOSURES (TCFD) IMPLEMENTATION TRUE BECAME AN OFFICIAL TCFD SUPPORTER IN JULY 2021 1/16 COMPANIES IN THAILAND BENEFITS: PREVENT & REDUCE BUSINESS RISK CREATE OPPORTUNITIES SELF-ASSESSMENT