Accounting, Auditing and Reporting in Thailand
Accounting period
Newly established business entities can choose a date for the initial accounting period. After that, accounts must be closed every twelve months.
If an entity wants to change its accounting period, it must obtain written approval from the Commercial Registration Department and the Revenue Department.
Account Book
The Accounts Act 2000 regulates the rules regarding accounting of accounts and supporting documents.
The law also stipulates qualifications from bookkeepers, who must be Thai residents, proficient in Thai, and graduates from vocational high schools or universities with a minimum Bachelor of Accounting degree.
The Civil and Commercial Code also provides general rules about accounts that must be maintained.
Recording accounting entries can be done in English, but a Thai translation must be added. All accounting entries must be written in ink, typed or printed. The computerized accounting system should be registered with the Department of Commerce and the Department of …
A banker in 1716 had two main tools: a ledger book and a quill pen. A customer – probably a prominent carpenter – would enter a branch, request a withdrawal or make a deposit, and the banker would make a careful note of it inside the ledger, editing the customer’s earlier entry to hold authoritative score of precisely what the bank promised to them.
La Charta cherche à valoriser les activités financières qui s’inscrivent dans une optique de développement tough, tout en introduisant des exigences éthiques chrétiennes de solidarité et de recherche du bien commun. Son but est de promouvoir l’essor d’une finance plus juste et plus respectueuse de l’être humain et de son environnement, en fixant un cadre éthique et doctrinal de référence, à vocation internationale. Elle repose sur le libre arbitre et l’engagement volontaire. Chacun peut la recopier et la diffuser librement. Les traductions ont été réalisées à partir de la version française.
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