Certified Accountants (ACCA) conducted a survey on talent attraction and retention in Thai audit practices. Possible causes, identified from the survey responses from audit staff, were analyzed and shared
-term wealth for the Thai people, national competitiveness, and sustainable growth for the economy and the society. Given all those tasks to achieve, the SEC management, staff and all related parties have
’ resources. • Audit firms need to recruit new staff for this. • regulators focusing on whether firms are competing on price rather than on audit quality 2. Political Environments Audit Committees : possibility
and (b) have a clear objective to share profits and costs and proportionate ownership, control or management power, have commons quality control system, business strategies, shared names or shared
with higher sales. Gross profit margin as percentage of sales improved from 6.5% in Q2 2018 to 7.7% in Q2 2019 even when there was higher staff expenses to adhere to the changes in the Labor Protection
. Furthermore, the SEC shared knowledge and insights on new developments related to the financial reporting preparation to promote relevant stakeholders’ up-to-date knowledge and understanding of the latest
term of expenses, Absolute Yoga could reduce staff costs and studio rental fee from negotiations and support from the government; however, there was special expenses from closing two studios. Therefore
inventory and cost of sales, and the audit of difficult or complex transactions were among the most prevalent observations. It was noteworthy that some of those observations also shared a trait of
program for auditing difficult and complex areas, staff training limited to theoretical lectures and lack of case study on issues requiring professional judgement and professional skepticism, particularly
-functioned accounting department, equipped with competent staff, as well as a seasoned and independent audit committee to oversee the process. As the function that originates all types of the financial