corporation’s accounting and financial reporting systems. New issues in this chapter include the role of the board of directors in risk management, tax planning and internal audit. There is also a new principle
compliance and giving advice on how to improve the internal control system. For operational independence, the department is subjected to direct reporting to the Audit Committee. See details in the Audit
understand the benefits of and need for effective disclosure practices. To promote free and vigorous investigation and responsible reporting by news organisations, local defamation and libel laws should be
market and weakening investors’ confidence. High oil prices, rising interest rates, the outbreak of avian influenza, and concerns over inflation were among the main factors. Coupled with this uncertainty
, compared to 117 percent in 2006. Apart from being the main pillar supporting the fund mobilization among participants in the capital market, the SEC continued to promote diversification and innovation of
GPf: government Pension Fund ifAC: International Federation of Accountants ifRS: International Financial Reporting standards iOSCO: International organization of securities commissions iSA
Economic and Social Development Plan and the Capital Market Development Plan; Reporting to the Minister on the annual operating performance and financial statements as audited by the Audit Committee
increase engagement and representation of a broader range of market participants such as investment management companies, listed firms, institutions or associations whose main focuses are investor education
securities, as detailed in Part 2; (3) reporting on material changes in a computer system relating to clearing, settlement, and depository services with respect to securities, as detailed in Part 3; (4
- expected failure of the main system. Regular https://www.sec.or.th/EN/Documents/AnnualReport/pb_ar_2007.pdf Annual Report 2006 media channels such as electronic correspondences, public seminars and radio and