contain the spread of COVID-19 in late January on Wuhan and expand to other provinces afterwards along with the severity of the pandemic around the globe since late March played a significant role in
loss from one-time expenses of THB 180mn from 1) impairment of assets, 2) loss on disposals/write-off of assets and 3) an adoption of new accounting standard (TFRS 16). This consequently led to the
Reporting Standard No. 11 (Revised 2009) – Construction Contracts, and the Financial Reporting Standard No. 24 (Revised 2012) – Related Party Disclosures. Later, T submitted the rectified and audited
, 2012 to the SET and the SEC Office on March 1, 2013. The financial statements did not comply with the Financial Reporting Standard No. 3 (Revised 2552) Business Combinations. The rectified financial
, 2013 to the Stock Exchange of Thailand (the SET) and the SEC Office on May 15, 2013. The financial statements did not comply with the Financial Reporting Standard No. 3 (Revised 2552) Business
inspection cycle (2016 to 2018), audit firms in the capital market established and maintained a system of quality control as required by the Thai Standard on Quality Control (“TSQC 1”). The majority of audit
quarter of 2020 contracted sharply due to the COVID-19 pandemic, which has steadily increased in severity across the globe and a return to normalcy pushed out ever farther. Tourism and exports have been
projects were implemented with the collaboration from the Thailand Federation of Accounting Professions (TFAC). For example, the preparation for the implementation of the International Standard on Quality
Climate Bonds Initiative | April 2018 Water Infrastructure Criteria under the Climate Bonds Standard Criteria Document April 2018 ABSTRACT Water infrastructure: What can be certified and under what
. These efforts are expected to contribute to Thailand’s economic growth and maintain the high-quality standard of the financial reporting of listed companies in Thailand. Additionally, the SEC reinforced a