บริษัท ไดนาสตี้เซรามิค จำกัด (มหาชน) - Dynasty TileTop

8
REPORT OF THE AUDIT COMMITTEE
To the shareholders of Dynasty Ceramic Public Company Limited
The Audit Committee of Dynasty Ceramic Public Company Limited was elected by the Board Of
Director. The committee consists of 4 Independent Directors with the Assistant Managing Director – Branch Marketing (In
charge of Internal Audit Office) acted as The Secretary of the Audit Committee. All members of the Audit Committee are
qualified according to the Audit Committee Charter approval by the Board of Director and in accordance with the Stock
Exchange of Thailand’s Best Practice Guidelines 2010. The Audit Committee conducted a total of four meetings in 2010,
and appropriately discussed and shared opinions in one of the meeting with the external auditors. This can be summarized
as follows:
Audit Committee
Position
Attend the Meeting / Total Meeting (Time)
ป 2010 ป 2009
1.General Yuthasak Sasiprapa Chairman 4/4 4/4
2.Pol.Gen.Patcharavat Wongsuwan Committee members 4/4 2/4
3.Mr Surasak Kosiyajinda Committee members 4/4 4/4
4.Mr Yothin Juangbhanich Committee members 4/4 4/4
5.Miss Sonthaya Yaowalee Secretary 4/4 4/4
The Audit Committee No.4 is qualified in both experience and knowledge to review the Financial Statement
of the company.
The Audit Committee sometimes appropriately discussed and shared opinions with senior management and external
auditors on related matters. This can be summarized as follows:
1. Reviewed the Company’s’ audited quarterly and annual financial statements of year 2010, and discussed
with external accounting auditor and management on the righteousness and completion of the financial
statement to ensure that they were prepared in compliance with generally accepted accounting standards
with adequate disclosure of the financial information
2. Reviewed the Internal Control System in its evaluation of the adequacy and effectiveness of the
Company in achieving its goals. The Audit Committee reviewed the Internal Audit Report for accordingly to the
evaluation report committed by the internal control section and the auditor to ensure that the company had
working and operational systems which are effective enough to protect and prevent risks which could happen
to the company, and that the approval of transactions and budget of the operational sector is in agreement
with the approval policy of the company
3. Reviewed the compliance with Securities and Exchange laws, regulations of the Stock Exchange of
Thailand, and other relevant laws; for instance, Securities and Exchange acts, regulations of the Securities and
Exchange Commission, the Public Company Act, and business commitments with third party agreements. The Audit
Committee came to the conclusion that the Company had complied with all applicable regulatory requirements.
4. Considered the nomination and appointment of the external auditor and the annual audit fee for 2011
to seek approval from the Company’s Board of Directors for the 2011 General Shareholders’ Meeting. After considering
the auditors’ performance, independence, and appropriateness of the auditing fee, the Audit Committee appointed
Mr.Jessada Hangsapruck, Certified Public Accountant, Registration Number 3759, or Miss Vimolsri Jongudomsombat
Certified Public Accountant, Registration Number 3899, or Miss Kannikar Vibhanurat Certified Public Accountant, Registration
Number 7305 from Karin Auditing Company Limited the Certified Public Accountant of the Company for 2011. The total annual