Thailand Accountant - Compliance Service

Our accounting compliance service includes the following:

• Prepare required accounting records;
• Assisting with accounting software;
  
• Closing the accounts annually;
• Preparation of a financial statement to be certified by a certified auditor;
• Filing the audited financial statement with the Account Central Office, Revenue Department and MOC.

Thailand Accountant - Accounting System Set Up

The objectives of our accounting system set up service are as follows:

• Successfully implement appropriate accounting system, documentation flow and software in order to be able to produce effective management & financial reports in accordance with generally accepted accounting principles and tax law in Thailand;
• Prepare client's accounting staff to perform their accounting function properly under the new accounting system; and
  
• Provide the client's management with appropriate financial & accounting reports on a timely basis for management & business purposes.  

The scope of our accounting system setup service is as follows:

•  Interview management and accounting staff in order to understand the client's current accounting system and documentation flow;
• Prepare written summary of our findings for management to confirm;
• Analyze current accounting system and present the recommended accounting system & software to client's management;
• Provide recommended accounting system flow chart together with chart of accounts which describes accounting documentation flows and functions of the responsible persons in each system including: 1) sales / accounts receivable and invoice / receipt processing; 2) purchase / account payable and payment processing; 3) fixed assets; and 4) inventory;
• Provide list of required accounting document, format of the document and number of the required copies of each document;
• Provide accounting policy and internal control for each system;
• Install and implement the recommended accounting software as agreed by the client's management (note - outsourcing of this service may be required);
• Provide training to accounting and finance staff ;
• Design management report according to management's requirements;
• Participate in system implementation and evaluaate the system work flow; and
  
• Meeting regularly with the client to review accounting and tax compliance after accounting system implementation.

The product of our accounting system set up are as follows:

• Summary of current accounting system in writing;
• Recommended accounting system flow chart;
• Chart of accounts;
• Accounting documentation flows and summary of functions of the responsible person in each system;
• Internal control for each system;
• Recommended software installation and implementation; and
• Appropriate financial reports.