Accounting Section - Doing Business
Explore a series of summaries providing an overview of useful accounting regulations, processes and accounting issues for doing business in Thailand.
Accounting – FAQ November 2011
What are the fines for filing the VAT return (PP.30) late or incorrectly?
Accounting – FAQ October 2011
What date should be shown on the withholding tax certificate?
Accounting – FAQ September 2011
This month’s frequently asked questions address the new TFRS for NPAEs’ treatment of decommissioning costs and how to account for shared assets.
Accounting for Leases: A Reminder
Leases are covered by financial reporting standards, IAS 17 (IFRS) and TAS 17 (TFRS). In this article, Mazars examine some of the key definitions, suggested accounting treatment and disclosure requirements.
TFRS for NPAEs Update
The Federation of Accounting Professions (‘FAP’) has issued an announcement (No.29/2011) to further clarify the application of the new Thai Financial Reporting Standard(‘TFRS’) for Non-Publicly Accountable Entities (‘NPAEs’).