@article{Intagool_Sampet_Suwanmongkol_2020, title={Communication Value of Key Audit Matters in Auditor’s Report of Companies in Services Industry Listed on The Stock Exchange of Thailand}, volume={12}, url={https://so01.tci-thaijo.org/index.php/bahcuojs/article/view/169693}, abstractNote={<p>Federation of Accounting Profession under The Royal Patronage of His Majesty The King has issued Thai Standard on Auditing 701: Communicating Key Audit Matters in the Independent Auditor’s Report. This standard is effective for audits of financial statements for periods ending on or after December 31, 2016. Under this standard, auditors are required to communicate key audit matters in the auditor’s report. This aims to reduce an information gap between auditors and financial statement users which occurred under the former form of auditor’s report. The objective of this study is to examine communication value of key audit matters reported in auditor’s report. The data used for an analysis was gathered from auditor’s reports and financial statements of companies in service industry listed on The Stock Exchange of Thailand during 2015-2017, resulting in 304 observations. Communication value was considered from 2 aspects which are readability and tone. The results showed that auditor’s reports with key audit matters was more readable than which without key audit matters. However, the tone of both forms of auditor’s reports is not different.</p>}, number={1}, journal={Business Review Journal}, author={Intagool, Wanitcha and Sampet, Jomjai and Suwanmongkol, Wanisara}, year={2020}, month={Jun.}, pages={69–83} }