juristic offenders in eight cases and the total remittance of more than 50 million baht as public revenue. Mr. Somchai Pongpattanasin, SEC Assistant Secretary?General in charge of the Enforcement Division
Reporting Standards 15: Revenue from Contracts with Building capacity of stakeholders 07 Customers. Moreover, we shared insight on key audit matters (“KAMs”) identified in the auditor’s report. In doing so
upon the recommendation of the SEC has the power to specify conditions with which the license holder shall be required to comply in the undertaking of the securities business. In cases where there has
, conditions and procedures as specified in the notification of the SEC upon the recommendation of the Bank of Thailand.
specified in the SEC notification, the Minister shall have the power to revoke the license to operate all or any type of securities businesses so licensed upon the recommendation of the SEC.
to complete. Moreover, the 2016 inspection results of the auditors’ engagement showed that most findings were in the substantive testing phase, with the audit of revenue, the audit of inventory and the
applicable recommendation made, attempted selection via review of major family-firms in given nation. • Assignment of specific to given nation and associated limitations. 9 CASE STUDY FINDINGS – MAJOR ISSUES