Page 162 - BAM ONE REPORT 2564 (ENGLISH VERSION)
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160 Part 2
Corporate Governance
The Audit Committee (d) Review and ensure that the Company
As of November 19, 2019, the Audit Committee complies adequately and appropriately with
was composed of four members, as follows: the anti-corruption policy and measures.
1. Mr. Vasant Thienhom The chairman of the (e) Consider, select and nominate an independent
Audit Committee person to act as the Company’s auditor and
2. Mr. Yos Kimsawatde Member propose remuneration for such auditor, as well
3. Mrs. Maneerat Srisaovajati Member as attend a non-management meeting with
4. Mr. Songpol Chevapanyaroj Member the auditor at least once a year.
(f) Give importance to the integration of
Vice President of the Internal Audit Department governance, risk management, and compliance
serves as the secretary to the Audit Committee. (GRC) and the coordination and information
sharing between all concerned committees
Mrs. Maneerat Srisaovajati is a member of the Audit so as to ensure working integration and
Committee who has extensive and sufficient knowledge promote the GRC atmosphere and culture
and experience to perform her duty in reviewing the across the organization.
reliability of the Company’s financial statements. (g) Review the related party transactions or the
transactions that may create a conflict of
The scope of the Audit Committee’s authority interest to ensure that such transactions
and duties is subject to the Company’s Notification on conform to the laws and the SET's regulations
the Audit Committee Charter, dated 13 July 2021, and and are reasonable and most beneficial to
the SET’s Notification Re: Qualifications and Scope of the Company.
Work of the Audit Committee, as follows: (h) Prepare, and disclose in the Company’s annual
(a) Review the Company’s quarterly and yearly report, the Audit Committee’s report which
financial reports to ensure that they are correctly must be signed by the Audit Committee
and completely prepared in accordance with Chairman and must contain at least the
the generally accepted accounting principles. following information:
(b) Review and ensure that the Company’s (1) opinion on the accuracy, completeness
internal control system, corporate governance and reliability of the Company’s financial
process, risk management process and internal reports;
audit system are appropriate and effective, (2) opinion on the adequacy of the
ensure the independence of the Internal Audit Company’s internal control system;
Department, and approve the appointment, (3) opinion on the Company’s compliance
rotation, termination of employment, and with the Securities and Exchange Act,
performance evaluation of the top executive the SET’s regulations or the laws that
of the Internal Audit Department and/or are related to the Company’s business;
the employment of an audit firm or any other (4) opinion on the suitability of the auditor;
agency to provide the internal audit service (5) opinion on the transactions that may
to the Company. create a conflict of interest;
(c) Review and ensure that the Company (6) number of the Audit Committee’s
complies with the Securities and Exchange meetings and meeting attendances by
Act, the SET’s regulations, and any other laws, each committee member;
rules and regulations applicable to the
Company.
