earlier cycles, with significant progress in two key elements of quality control: acceptance and continuance of client relationship, and human resources. On the individual audit engagement level, the

statements on a regular basis. This is to ascertain that the financial reporting is prepared in accordance with financial reporting standards and properly disclosed. In 2017, the SEC mandated two listed

Accounting Education and Technology committee, Thailand Federation of Accounting Professions, two terms • Audit Subcommittee, Thailand Federation of Accounting Professions under the Royal Patronage of His

- 19 - their system of quality control. Nonetheless, out of three inspection result of audit firms that are yet to be in the capital market, two didn’t pass the quality inspection; because both audit