2015 and 2016 were restated because fictitious revenue had been recorded. The SEC reviewed Patamavan’s engagement performance as NMG’s auditor and found that she failed to obtain reliable evidence that
quality of audit firms and performance of individual auditors instead of solely focusing on audit fees. In the long run, a reliable quality control system would support auditors and their teams in providing
reliable financial reports are prepared by responsible parties will benefit investors a great deal,? Mr. Prakid added.
auditing and reviewing the financial statements, is therefore a key factor in making the financial statements reliable; and when the international standards change, SEC is required to revise the rules
corporate governance can support the sustainable quality of financial reports preparation from which investors can access reliable financial information to support their suitable investment decisions. The SEC
listed companies so that the financial reporting is reliable, of good quality from the very beginning, and meets the objectives. SEC, as one of the stakeholders in financial reporting system, will apply
standards. This is to ensure that the financial statements of all businesses raising fund in the capital market audited by qualified capital market auditors will be of good quality, accurate, reliable and
also a team of knowledgeable and competent engagement partner and audit staff working together under a reliable audit quality control system of the audit firm. As such, the auditing must be carried out
preparation and submission of financial statements The financial statements and consolidated financial statements of the company shall be accurate and reliable, complying with the rules as specified in Section
English (United States) AuditorQualityAssuranceReview also a team of knowledgeable and competent engagement partner and audit staff working together under a reliable audit quality control system of the