Detecting Corporate’s Earnings Manipulation in Thailand Corporate Governance Attributes and Audit Report Timeliness: Mediating Role of Corporate Disclosure and Transparency and Moderating Role of

?Pride of the Provinces III?, they are required to meet the criteria of having paid-up registered capital and shareholders? equities not less than 20 million baht, or having either profit or retain

% Issued and paid-up share capital 80.00 80.00 - - Retain earnings Appropriated-legal reserve 0.10 0.80 0.70 696.44% Details Financial Statements for the year ended 31 December 2017 31 December 2018 Change

required to have either a paid-up registered capital with shareholders? equities not less than 20 million baht or have profit or retain earnings in the latest fiscal financial statements. Qualified business

Company Limited was 2,897.0 million Baht, increase 571.8 million Baht. An increasing in share premium, Advance receipt of share subscription and retain earnings increase due to the Company‘s net earnings

purchased. The Company’s shareholder’s equity as of the period ending 31 March 2019 was 3,621.1 million Baht, increase 154.8 million Baht. Due to an increasing retain earnings increase due to the Company‘s

share for the listing in the Market for Alternative Investment (mai) of the subsidiary in January 2019. However, the decreased in retain earnings come from dividend payment 0.0375 Baht per share, totaling

funding as planned. The Company’s shareholder’s equity as of the period ending 31 March 2020 was 3,316.6 million Baht, increase 116.7 million Baht. Due to an increasing retain earnings increase due to the

driven by the increase in Retain earnings of Baht 1,974.6 million and Share premium on ordinary shares of Baht 2,557.8 million. As at 31 December 2017, the Company’s Debt-to-Equity ratio was 0.70x

increased by THB 2,648.8 mm from THB 31,014.1 mm as of 31 December 2018, mainly from WHA-W1 exercise and increase in market price of REITs as well as increase in retain earnings. KEY FINANCIAL RATIOS 31