Certified Accounting Practice in Thailand

Abstract

The accounting firm is an independent organization for auditing the accounts of private sectors, as well as, advising accounting and finance that is beneficial to business operations. Most of the accounting firms in Thailand are mostly local accounting firms with small and medium sizes and they are also necessary to improve the quality of accounting auditing for the survival of the accounting office itself. The Federation of Accounting Professions under the Royal Patronage, Department of Business Development, and The Securities and Exchange Commission of Thailand support to determine the criteria of quality accounting firms on policy implement process of auditing that are consisted of 1) responsibility of executives of the accounting firms 2) accounting code of the accounting firms 3) processing related to the customer 4) management of the accounting firms for resources.
5) operating for accounting firms 6) monitor and audit accounting firms and 7) documentation of the accounting firms that are to be a part of the development of public and private sector.  In addition, the certified accounting practice has been entrusted by various agencies to use the services.