The SEC in Thailand has approved 25 audit firms, according to data from the market regulator.
The PwC Transparency Report 2015 outlines the firm’s internal operations, approaches and audit practices. The report is in accordance with requirements of the International Standards on Quality Control 1 (ISQC1).
It also includes information about the PwC global network, talent management and partner remuneration, among others. The report is being distributed to listed company clients, as well as prospective clients who are Public Interest Entities (PIEs). It can be viewed by the general public on PwC’s website.
The role of auditors is vital to protecting investors and ensuring market fairness, Sira said. High-quality audits help support the quality of financial reports, which in turn helps to develop an auditing industry that fully promotes governance and best practices.