ทนายความ การบัญชีและการตรวจสอบบัญชี ที่ดีที่สุดใน ลาดกระบัง

1. About การบัญชีและการตรวจสอบบัญชี Law in Lat Krabang, Thailand

Accounting and auditing law in Thailand applies nationwide, including Lat Krabang, a district in Bangkok with numerous SMEs, logistics operators, and manufacturing facilities. Companies must keep accurate accounting records and, in many cases, obtain an external audit. Local practice often involves coordinating with Thai CPAs and lawyers who understand both corporate compliance and Bangkok urban regulations. This guide explains how to navigate these laws with practical Lat Krabang context.

Accounting records create the basis for financial statements used by management, lenders, and tax authorities. Auditing provides independent verification of those statements for statutory or lender requirements. For Lat Krabang businesses, timely compliance reduces risk in bank financing, supplier contracts, and regulatory checks. The rules are set at the national level, but enforcement and day-to-day compliance occur within Bangkok and nearby districts like Lat Krabang.

Two core roles are essential in this space: a licensed professional accountant or auditor and a qualified lawyer who understands Thai corporate and tax law. A lawyer can help interpret complex provisions, prepare engagement letters, and handle disputes with authorities or auditors. A CPA or audit firm can prepare financial statements and conduct statutory audits when required. The collaboration between these professionals is common for Lat Krabang companies seeking reliable financial governance.

Key sources - The Federation of Accounting Professions of Thailand (FAP) provides Thai Financial Reporting Standards and auditing standards; see FAP.

Key sources - The Revenue Department outlines corporate taxation and audit requirements for Thai companies; see Revenue Department.

2. Why You May Need a Lawyer

Here are concrete, real-world scenarios in Lat Krabang where you typically need legal assistance in accounting and auditing matters.

• A new Lat Krabang company forms a contract with an international logistics partner and must align its financial statements with Thai accounting standards and IFRS for cross-border reporting.
• Your SME receives a tax audit notice from the Revenue Department and needs to assemble supporting documents, communicate with auditors, and respond within a tight deadline.
• A bank requires audited financial statements to approve a loan or credit line, and you need to prepare and defend the audit package to secure financing.
• You suspect accounting irregularities or potential fraud in a Lat Krabang warehouse operation and require legal protection, internal controls review, and defense in any investigations.
• Your company is selling shares or planning a restructuring, and you must ensure compliance with the Companies Act and proper auditor appointments during the transition.
• Disputes arise over audit opinions, tax assessments, or withholding of documents, and you need negotiation or litigation support in Bangkok courts or regulatory bodies.

In Lat Krabang, these scenarios often involve coordinating with local business registries and Bangkok-based regulatory offices. A lawyer can help you interpret the precise requirements, prepare formal responses, and manage timelines to minimize disruption to operations.

3. Local Laws Overview

The following laws and regulations govern accounting and auditing activities for Lat Krabang businesses. They define who must be audited, how financial records are kept, and how disclosures occur.

• Public Accountant Act B.E. 2547 (2004) - Governs licensing of certified public accountants and audit firms in Thailand. It establishes oversight mechanisms and professional qualifications for auditors who prepare or review financial statements of Thai entities.
• Companies Act B.E. 2535 (1992) and amendments - Sets requirements for corporate formation, governance, accounting records, annual financial statements, and mandatory audits for certain company types. It also shapes how auditors are appointed and how financial reporting is filed with authorities such as the Department of Business Development.
• Revenue Code (Taxation) and related tax guidelines - Regulates corporate income tax, value-added tax, and the need to maintain accounting records for tax purposes. It guides how tax audits are conducted and what documentation is required for taxpayers in Bangkok and surrounding districts, including Lat Krabang.

For local enforcement and practical compliance, many Lat Krabang firms rely on the national framework while engaging Bangkok-based authorities for filing and audits. The latest practice increasingly integrates Thai Financial Reporting Standards and Thai Standards on Auditing issued by professional bodies to align with international norms.

Note - Thai Financial Reporting Standards (TFRS) and Thai Standards on Auditing (TSA) are issued by the Federation of Accounting Professions of Thailand and align with international standards for many entities; see FAP.

Additionally, registered entities may interact with the Department of Business Development for company filings and with the Revenue Department for tax compliance; refer to the official sites for guidance and updates.

Reference - Bangkok and national agencies provide the official guidance on reporting and audits; see Department of Business Development and Revenue Department.

4. Frequently Asked Questions

Here are common questions in conversational language, from basic to more advanced, about accounting and auditing law in Lat Krabang.

What is the role of a lawyer in accounting and auditing in Lat Krabang?

A lawyer interprets relevant statutes, negotiates engagement terms, and handles disputes with authorities or auditors. They help with engagement letters and regulatory compliance issues.

How do I know if my company must have an audit in Thailand?

Auditing requirements depend on company type, size, and regulatory status. Typically, larger corporations and certain registered entities require annual audits by licensed auditors.

What is the Public Accountant Act B.E. 2547 about?

It governs licensing of CPAs and audit firms, setting qualifications and professional standards for auditing activities in Thailand.

When should I hire a lawyer before choosing an auditor?

Engage a lawyer during contract formation and before the audit engagement to ensure clarity on scope, fees, and obligations in compliance with Thai law.

Where can I find a licensed CPA in Lat Krabang?

Look for CPAs or audit firms registered with the Public Accountants Council and recognized by the Federation of Accounting Professions. Local business networks can help identify reputable firms.

How much does an external audit typically cost for a small Lat Krabang company?

Fees vary by company size, complexity, and reporting requirements. A basic statutory audit for a small company could start from several tens of thousands of Thai baht, with higher costs for larger or more complex entities.

What is TSA and TFRS and why do they matter?

Thai Standards on Auditing (TSA) and Thai Financial Reporting Standards (TFRS) provide the auditing and accounting framework used in Thailand, particularly for statutory and publicly relevant financial statements.

Do I need a lawyer for tax audits conducted by the Revenue Department?

Yes, it is advisable to have legal representation to respond to notices, present supporting documentation, and negotiate settlements or appeals if necessary.

What if my Lat Krabang business operates across borders?

Cross-border operations may require IFRS or international reporting standards for certain partners. A lawyer can coordinate with accountants to ensure consistent reporting and compliance.

Can I switch auditors mid-course in Lat Krabang?

Switching auditors is possible, but you must follow statutory procedures and update the Department of Business Development or other relevant authorities as required.

Should I read my audit engagement letter carefully?

Yes, the engagement letter defines scope, responsibilities, timelines, and fees. A lawyer can review it to prevent scope creep or disputes later.

What is the typical timeline for obtaining an audit in Thailand?

For a small to medium enterprise, planning and fieldwork can take 4-8 weeks, depending on data availability and scope of the audit.

5. Additional Resources

Use these official resources to understand and verify accounting and auditing requirements in Lat Krabang and Thailand.

• Federation of Accounting Professions of Thailand (FAP) - Sets Thai Financial Reporting Standards and auditing standards; licensing and professional guidance for CPAs and audit firms. https://www.fap.or.th
• Revenue Department - Thai tax administration, guidelines for corporate income tax and audits; provides e-filing portals and tax compliance resources. https://www.rd.go.th/english/
• Department of Business Development (DBD) - Registration of companies, annual filings, and regulatory compliance for Thai businesses; essential for corporate governance documentation. https://www.dbd.go.th

6. Next Steps

1. Define your needs and scope a project with clear objectives (audit, tax compliance, advisory, or litigation support) within Lat Krabang operations.
2. Identify candidates who are licensed CPAs or Thai law firms with corporate and tax practice in Bangkok or Lat Krabang area.
3. Check credentials and references from local business networks, banks, and the DBD register for auditors and law firms.
4. Prepare a concise document package for consultations, including financial statements, tax filings, contracts, and prior audit reports.
5. Schedule at least 2-3 consultations to compare engagement terms, fees, and timelines; ask for sample audit plans and engagement letters.
6. Request a formal engagement letter detailing scope, deliverables, fees, confidentiality, and termination terms; review with a lawyer if needed.
7. Sign the engagement letter and establish a communications plan with your advisor; set review checkpoints and quarterly updates.