Page 394 - CRC_One Report 2021_EN

Business Overview and Performance Corporate Governance Financial Statements Enclosure

Commercial support
Refer to Note 4(r) to the consolidated and separate financial statements
The key audit matter How the matter was addressed in the audit
During the year, the Group has variety of My audit procedures were as follows:
marketing activities which receives the marketing  Understood, evaluating and testing management’s key
support from supplier which is general transaction controls in respect of the recognition of transactions.
of retail business. The marketing support is  Assessed the effectiveness of the Group controls
significant amount in each year which it varies with over commercial support recognition’s process.
regards to the nature and timing of the activity to  Examined supporting documents and comparing to
which it relates and is recognised in accordance marketing activities which occurred during the
with written agreements with suppliers. The year and after the period end transactions and
marketing support is recognised as a deduction evaluating by reference to agreements and
from cost of inventories or as other income and is marketing activities.
earned over the period of the contractual  Assessed the adequacy of the Group’s disclosures in
agreements. accordance with Thai Financial Reporting Standards.

My focus was on assessing the written agreement,
whether the relevant marketing had taken place and
whether the recognised was recorded in the
appropriate amount and period.

Other Information

Management is responsible for the other information. The other information comprises the information
included in the annual report, but does not include the consolidated and separate financial statements and my
auditor’s report thereon. The annual report is expected to be made available to me after the date of this auditor's
report.

My opinion on the consolidated and separate financial statements does not cover the other information and
I will not express any form of assurance conclusion thereon.

In connection with my audit of the consolidated and separate financial statements, my responsibility is to read
the other information identified above when it becomes available and, in doing so, consider whether the other
information is materially inconsistent with the consolidated and separate financial statements or my knowledge
obtained in the audit, or otherwise appears to be materially misstated.

When I read the annual report, if I conclude that there is a material misstatement therein, I am required to
communicate the matter to those charged with governance and request that the correction be made.

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394 Annual Report 2021 (Form 56-1 One-Report)