Earlier, {X1} had under recorded its liabilities for short-term bills of exchange (B/E) in the annual financial statements for the financial year 2015. The SEC then reviewed the work of {X1}’s auditor and found audit deficiencies related to the issuance of B/E. The deficiencies resulted in {A}’s failure to detect the incomplete record of the B/E in the annual financial statements.The SEC has therefore suspended the approval for {A} as a capital market auditor for six months, starting from 19 Jan...
. The SEC therefore reviewed Ms. Sulalit’s audit work performed for Renaissance FMC and found that she had seriously failed to comply with auditing standards. The deficiencies included: Failure
auditors on issues and case studies related to the accounting and auditing of IPO and listed companies, featuring presentations by representatives from the SEC. The sessions covered perspectives and
SEC Secretary-General Ruenvadee Suwanmongkol said: “The auditing context has evolved significantly over time. The SEC thus revises the requirements on approval of auditors in the capital market
auditor, which impose requirements for information technology governance and auditing of audit firms by IT specialists to ensure that risk management in the use of information technology in audit firms
PRO to rectify its financial statement for 2011 due to the limitation on auditing by the company?s executives on the matters concerning the company and its subsidiaries? failures to appraise the fair
due to the limitation on auditing by the company?s executives on the matters concerning the company and its subsidiaries? failures to appraise the fair value of land, constructions and equipments. In
Bangkok, June 9, 2015 ? The SEC notified Electronics Industry Plc. (EIC) to cooperate with the auditor in auditing and reviewing its 2014 and Q1/2015 financial statements where the auditor expressed
the next two years from June 16, 2011. The order has been issued after the SEC?s finding indicated his serious audit mistake and failure to comply with the auditing standards in performing the audit of
Bangkok, April 12, 2016 ? The SEC is seeking public comments on a draft amendment to the rules governing approval of auditors in the capital market with the respect to the roles of the Auditing