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 standards for SMEs in ASEAN

Accounting standards for SMEs in the ASEAN region are to be developed by Thailand’s Federation of Accounting Professions.

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Adoption of IFRS

The Federation of Accounting Professions (‘FAP’) and the Securities and Exchange Commission of Thailand (‘SEC’) have announced a scheduled timeline for Stock Exchange of Thailand (‘SET') listed companies to become compliant with Thai Accounting Standards (‘TAS’) adopted from the International Financial Reporting Standards (‘IFRS’).

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