Audit Services Detailed
As the fiscal year wraps up, ensuring financial accuracy and compliance becomes essential for businesses. Our comprehensive year-end audit and account closing service offers a streamlined approach to finalize your financial records with precision and clarity. By conducting an in-depth review of your accounts, we help identify any discrepancies, align your financials with regulatory standards, and set a clear foundation for the upcoming year. With our team’s expertise, you can confidently navigate the complexities of year-end financial requirements, knowing that every detail has been handled with care.
FULL SERVICE COMPLIANCE
Our Financial and Auditing Services
Comprehensive Financial Audit
A thorough, standards-compliant review of your financial records, statements, transactions, and internal controls. We identify discrepancies early and give you a clear, accurate picture of your financial standing, the foundation for informed decisions and stakeholder trust.
SorBorChor 3 Preparation
We prepare and file the SorBorChor 3, the Financial Statement Submission Form required by Thailand's Ministry of Commerce, drawn directly from your audited statements. We handle every step, from verifying your records to final submission.
Tax Planning and Compliance
We prepare and file your tax returns in line with current regulations, keeping you compliant while identifying legitimate ways to reduce your tax burden. You get a clear plan for your obligations, without tracking every regulatory change yourself.
Internal Control Assessments
We evaluate your existing controls, flag weaknesses that expose you to fraud or error, and recommend practical improvements, building a financial framework that holds up as you grow.
Annual General Meeting Support
Thai companies must hold an AGM within four months of fiscal year-end to approve audited financial statements before they can be filed. We help you prepare and run this meeting, so approval doesn't become the bottleneck in your filing timeline.
Annual Shareholder List Filing
A separate filing from your financial statements, due within 14 days of your AGM. We keep this on our radar and handle the submission, so a second deadline doesn't slip past you.
A TEAM YOU CAN TRUST
Why Partner With Attori Law
Fast and Reliable
With our efficient processes, we ensure your year-end audit and account closing are completed accurately and on time, so you can focus on planning for the year ahead without delays.
Experienced
With a proven track record in delivering audits to companies of all sizes, our experienced professionals provide reliable insights to strengthen your financial foundation.
Simplified
We make the audit process straightforward and hassle-free, so you can focus on what matters most to your business
Get the guidance you need Consult with us for free
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Accounting, Bookkeeping and Audit
Bookkeeping, monthly accounting, and auditing are separate services here, not one wrapped inside the other. Many clients need more than one, but you can also engage each on its own.
Bookkeeping
The day-to-day recording and organizing of your transactions.
- Issuing invoices
- Recording daily transactions
- Bank reconciliation
- Tracking receipts and payments
- Payroll processing
- Issuing withholding tax certificates
- Preparing books for the accountant
- Petty cash management
- Fixed asset register
- Organizing source documents for audit-readiness
Monthly Accounting
Turning your financial position into filed returns and decisions, on a recurring monthly basis.
- Preparing adjusting entries
- Tax filing (VAT, WHT, CIT, PIT)
- Tax planning and advisory
- Regulatory compliance (DBD, BOI)
- Monthly management reports (P&L)
- General ledger review and reclassification
- Depreciation calculations
Auditing and Financial Statement Preparation
Periodic, not monthly, built around your fiscal year-end.
- Preparing financial statements
- Coordinating the annual audit
- Filing audited statements with the DBD
- Annual General Meeting support
- Filing the annual shareholder list
Common accounting mistakes that lead to difficult audits
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Mixing personal and business finances
Paying business expenses from a personal account, or the reverse, makes bookkeeping unreliable and complicates every filing built on top of it.
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Treating bookkeeping and accounting as the same service
They cover different work. Assuming one includes the other is one of the most common gaps we see, usually discovered at year-end when something wasn't done.
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Not retaining proper documentation
Missing receipts and unsupported entries can disallow deductions and slow down both monthly filings and the annual audit.
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Missing the mid-year CIT prepayment
PND 51 is often overlooked until the year-end PND 50 filing creates a larger, unexpected bill.
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Assuming filing happens automatically after the audit
Financial statements need shareholder approval at an AGM before they can be filed, and the shareholder list is a separate filing again. Skipping either step delays everything after it.
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Leaving reconciliation for later
Bank and account reconciliation left to pile up makes small errors harder to catch and turns a routine monthly task into a bigger cleanup job.
WHAT TO LOOK FOR
Finding a Good Auditor
An audit isn't just a formality your accountant signs off on. Here's what a good auditor is actually doing, and why it matters.
Verifies your financial statements are accurate and TFRS-compliant
An auditor checks that your accounts follow Thailand's required reporting standards, confirming the numbers are both accurate and presented the way regulators expect.
Identifies compliance issues before they become problems
A good auditor doesn't just sign off on what's presented, they flag discrepancies or risks while there's still time to address them.
Provides the certified figures your tax filing depends on
Your corporate income tax filing starts from your audited financial statements. Accurate, properly certified numbers here directly affect what you end up owing.
Prepares your statements for submission to the DBD and Revenue Department
Audited financial statements must reach the Department of Business Development and Revenue Department within five months of your fiscal year-end. Missing this can mean fines of up to 200,000 baht.
Times its work around your shareholders' meeting deadline
Audited statements must be approved at an annual shareholders' meeting within four months of your fiscal year-end, before they're ever submitted. A good auditor works to that calendar, not just their own.
Explains what the findings actually mean for your business
A stamped report on its own doesn't tell you much. A good auditor walks you through what the numbers, and any flagged issues, mean in practice.
STAY COMPLIANT
Other Services We Provide
Monthly account keeping and filing. Tracking invoices, payments, receipts and payroll.
Preparing and filing VAT (PP30), PND 1, PND 3, PND 53 and other related taxes.
Auditing and submission of financial statements to the Ministry of Commerce (Sor.Bor.Chor. 3).
Value Added Tax registration and ongoing processing for your business.
Mid-year (PND 51) and year-end (PND 50) corporate income tax preparation and filing.
Tax ID number applications for both companies and individuals.
Preparing and filing annual personal income tax returns (PND 90 and PND 91) and half-year returns (PND 94).
Registering your company and staff with the Social Security Office, plus monthly payments.
Advice on accounting and tax in Thailand, before decisions are made rather than after.
FAQs
Does my company actually need an audit?
Yes. Every company registered in Thailand needs audited financial statements each year, regardless of size, turnover or whether it made a profit. There is no small company exemption, which surprises most owners coming from jurisdictions that have one.
What if the company did not trade this year?
You still need an audit. A dormant company files audited statements showing no activity, and the same deadlines apply. Companies registered late in the year and not yet trading are the ones most often caught out by this.
What are the deadlines?
Three, and they run in sequence. The AGM approving your audited statements must be held within four months of your fiscal year end. The statements then go to the DBD and Revenue Department within five months. The annual shareholder list follows within fourteen days of the AGM. Each one depends on the one before, so a delay early on moves everything after it.
Can my accountant sign off the audit?
Not unless they are a licensed auditor, and not if they prepared the accounts. The audit has to be independent of the bookkeeping. That is the point of it. Worth confirming who will sign before your first year end rather than during it.
What happens if I miss the filing deadline?
Fines, and they can reach 200,000 baht. Directors can be liable personally as well as the company. Late filing also stays on the company's record, which matters if you later need approvals that depend on being in good standing.
When should the audit start?
Earlier than most people think, because the four month AGM deadline sets the real timetable rather than the five month filing date. Work backwards from the AGM and the audit needs to be finished before it. Starting in month three leaves no room for questions the auditor raises.
What if my records are incomplete?
It is fixable, and better raised early than discovered by the auditor. Reconstructing transactions from bank statements and invoices takes time, so a gap found in month two is manageable where the same gap in month four is not. Tell us before the audit starts rather than after.
How does the audit affect my tax bill?
Directly. Your corporate income tax filing starts from the audited figures, so anything corrected during the audit flows through to what you owe. Unsupported entries disallowed at audit become disallowed deductions, which is one reason documentation matters more than it appears to during the year.