Category Archives: Thai Audit

Thai Financial Reporting Standard for Non-Publicly Accountable Entities – NPAEs

For the accounting year that began 1 January 2011 onwards, the Federation of Accounting Professions of Thailand (FAP) requires all companies in Thailand to use either the new Thai Financial Reporting Standards (TFRS) (all of which are based on the … Continue reading

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Year end audit for your Thai company

As required by the Thai law, all Thai registered companies, joint ventures, foreign businesses operating in Thailand and other forms of juristic entities are required to have their fiscal year-end financial statements audited by an independent auditor. This audit, sometimes called … Continue reading

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Thailand Accounting Year – End – What do companies have to do?

Thailand accountants are busiest during the first 5 months of the year. The accounting period (12 months or in case of newly set up companies, less than 12 months) of most companies in Thailand falls on 31 of December of … Continue reading

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