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

Quantitative methods in accounting research A String of Earnings Increases, Future Earnings Uncertainty, and Firm Fundamentals Sarayut Rueangsuwan Kasetsart University SEC Working Papers Forum 19th

% 0.1% 5.6% 5.6% - Administrative Expense per net sales 10.0% 11.5% (1.5%) 7.8% 8.0% (0.2%) Net profit margin 7.4% 4.0% 3.4% 9.6% 7.3% 2.3% - Basic earnings per share (Bath/Share) 0.08 0.04 0.04 94.7 0.11

A String of Earnings Increases, Future Earnings Uncertainty, and Firm Fundamentals* Sarayut Rueangsuwan † Kasetsart University, Thailand August 2015 Abstract Prior literature on meeting or beating

a steady growth of FTTx subscribers. 2. TFRS 16 Leases As a result of the effectiveness of the TFRS 16 Leases in 2020, it is required that the lease liabilities and the right-of-use assets for the

Earnings before interest and taxes (EBIT) 17.67 28.17 (10.50) (37.27) Financial costs 0.04 0.04 - - Income tax expenses 1.86 5.46 (3.60) (65.93) Net profit 15.77 22.68 (6.91) (30.46) Earnings before interest

Plc. would like to inform the financial results for the year ended 2017 . The Company and its subsidiary reported a net profit of THB 233.25 million or earnings per share of THB 0.24, comparing to a net

111.29 105.32 5.97 5.67 Selling expenses 55.33 50.65 4.68 9.24 Administrative expenses 55.96 54.67 1.29 2.36 Earnings before interest and taxes (EBIT) (2.70) 17.67 (20.37) (115.27) Financial costs 1.09

resultant growth in EPS. Last 12 months has seen steady to stronger integrated industry margins compared to previous period and IVL is a testimony of an announced plan of pursuing earnings-accretive growth in

integration of acquired businesses, the start of earning recovery in our high-volume Necessities business and our stable but higher-margin HVA business. We delivered record earnings and cash flows and expect