Page 196 - BTSGroup ONE REPORT 2021/22_EN

194 l Introduction l Nature of Business l Organisation and Shareholding Structure l Business Review l Corporate Governance l Financial Statements l Other Information l

6.1 DIRECTORS’ RESPONSIBILITY REPORT

Report on the Responsibilities of the Board of Directors for The Board of Directors has also appointed the Audit Committee, entirely
the Financial Report comprised of Independent Directors, to oversee the accuracy and adequacy of

The Board of Directors of BTS Group Holdings Public Company Limited is the financial reporting process as well as review the suitability and efficiency of
responsible for the financial statements of the Company and its subsidiaries, the internal control and independence of the internal audit system. The opinion
which have been prepared in accordance with generally accepted accounting of the Audit Committee is shown in the Audit Committee Report contained in
standards (GAAP) in Thailand under the Accounting Profession Act B.E. this Annual Report.
2547, and the presented in compliance with stipulations under Accounting
Act B.E. 2543. The Board is aware of the accounting policies and believes In the opinion of the Board, the audited financial statements and accompanying
that these are appropriate and have been consistently applied. The notes notes show essential and accurately the financial status, performance and
to the financial statements disclose details of useful and material financial cash flow of the Company during the reporting period in accordance with
information supported by reasonable and prudent judgments and estimations GAAP, and that the management discussion and analysis offer a fair and
where necessary. The Company’s external auditor has audited the financial relevant view of the business performance of the Company. Further, that the
statements and expressed an unqualified opinion in the auditor’s report. Company has established and maintains a system of corporate governance
and internal controls that give reasonable assurance on the integrity of the
The Board of Directors further recognises the importance of presenting a financial reporting procedures.
comprehensive view of the Company’s financial position and has reviewed
and included in this annual report, the Management’s discussion and analysis
report on the Company’s business performance for the benefit of shareholders
and other stakeholders.

The Board is also responsible for overseeing that an effective system of
corporate governance, including risk management, internal controls and
compliance is put in place in order to have reasonable assurance that the
financial records of the Company are accurate and complete. The Board MR. KEEREE KANJANAPAS MR. KAVIN KANJANAPAS
evaluates the adequacy of the internal controls system on an annual basis. Chairman of the Board of Directors Executive Director