2005 - Asianbanks.net

The Board of Directorsû Responsibility
for the Financial Statements
The Board of Directors is responsible for the Bank’s financial statements and consolidated financial
statements of the Bank and its subsidiaries’ and financial information contained in the annual report. The financial
statements have been prepared in accordance with the generally accepted accounting principles in Thailand, using
appropriate and consistent accounting policies, and exercising due consideration and estimation in their
preparation, and disclosing sufficient important information in notes to the financial statements.
The Board of Directors has arranged to maintain an efficient internal control, to ensure that the accounting
data are accurate, complete and sufficient to reflect the positions of assets and to give warning signals to fraud and
other important irregular transactions.
The Board of Directors has appointed an Audit Committee, consisting of independent directors, to be
responsible for the quality of financial statements and internal control system. The opinion of the Audit Committee
on these matters is found in this annual report.
The Board of Directors is of the opinion that the Bank’s internal control system is satisfactory and
contributes to the confidence in the reliability of the financial statements of the Bank and its subsidiaries as at
31 December 2005.
(Somphol Kiatphaibool)
Chairman
(Arun Chirachavala)
President
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