Key Audit Matters of Assets Management on SET 100 Performance
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Abstract
This research article aims to study: the relationship between the types of key audit matters (KAMs) of asset management. on the performance of companies listed on the Stock Exchange of Thailand (SET 100) regarding the impact of important matters in the audit of asset management, including (1) the value of inventories, (2) property, plant, and equipment, (3) audit fees, and (4) accrued expenses. of companies listed on the Stock Exchange of Thailand By using content analysis of important matters in the audit in the auditor's report of the said company for the year ending 31 December 2017 to 2019, which variables based on the performance of the company listed on the Stock Exchange of Thailand include the rate of Return on Asset and the ratio between the price or value of the company (Tobin's Q).
Findings are as follows: It was found that important matters in the audit of asset management, Have a positive impact on the performance of companies listed on the Stock Exchange of Thailand. However, the results of such research may differ according to each type of important matter in the audit. Including the important matters of auditing in each company, there are differences according to the inherent risks and environment of each company.
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Academic articles, research articles, and book reviews in the Ph.D. in Social Sciences Journal are author’s opinions, and not the publisher’s, and is not the responsibility of the Ph.D. in Social Sciences Journal Philosophy Association, Ramkhamhaeng University. (In the case that research is done on human, the researcher has to be trained in Ethics for Doing Research on Human Training and has to produce the evidence of the training).
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