aspects of biases comprising (1) emotional or preference biases: focusing on present rather than future incidents; (2) belief bias: making conclusion based on too small sample size while associated risks

directions, adaptability to ensure competitiveness under the changing landscape and increasing competition, and the use of technology to serve the investors’ changing demands and behaviors.  As the Thai

supply chain towards greater adaptability and engagement in sustainable business development. In this regard, the SEC has been continuously promoting the issuance of sustainability-themed bonds namely

them to enhance greater adaptability and engagement in sustainable business development. This can be a key business strategy that helps to reduce sustainability risk and strengthen competitiveness

have impacts in the future, especially a new round of COVID-19 outbreak. The Company has planned to improve the Pop-up store distribution system to have higher adaptability and prepared necessary human

flow management to enhance liquidity; implementing process improvement programs; as well as analyzing real-time data for timely management and quicker adaptability to changes. All above measures are

INDEPENDENT AUDIT INSPECTION ACTIVITIES REPORT 2020 SECURITIES AND EXCHANGE COMMISSION, THAILAND Contents Executive Summary 01 04 08 15 28 58 62 70 47 Quality Assurance Review Panel Activities for Enhancing Financial Reporting Quality Summary of Audit Inspection Results A. Firm-Level B. Engagement-Level Root Cause Analysis Framework and Focuses in 2021 Essential Statistics Auditing Landscape in Thailand Executive Summary Over the past year, the Thai capital market experienced tremendous volatili...

Likelihood Rare (1), unlikely (2), possible (3), likely (4), very likely (5) Magnitude of impact Insignificant (1), minor (2), moderate (3), major (4), significant (5) Adaptability Very low (1), low (2

Activity_Report_62En INDEPENDENT AUDIT INSPECTION ACTIVITIES REPORT 2019 INDEPENDENT AUDIT INSPECTION ACTIVITIES REPORT 2019 Contents Executive Summary 02 42 45 19 30 04 08 14 Quality Assurance Review Panel Activities for Enhancing Financial Reporting Quality Summary of Audit Inspection Results B. Engagement-Level A. Firm-Level 38 Root Cause Analysis Framework and Focuses in 2019 Essential Statistics Auditing Landscape in Thailand Executive Summary The capital market plays an important role in d...

directions and adaptability to enhance competitive edge. While we are propelling our efforts to recover from the pandemic and pursuing sustainability, the defining issue of our time, we should all embrace this