Top 10 Auditing And Accounting Firms In Thailand

Thailand is a Southeast Asian country located at the center of the Indochinese region. Thailand is popularly known as Siam, and the official name is the Kingdom of Thailand. Bangkok is the capital of Thailand, and the official currency is Bhat.

The country’s main religion is Buddhism, and it has a rich cultural history and food. The main sectors of Thailand’s economy are agriculture, tourism, and the services industry. If we talk about the services industry, it has the major share of the country’s GDP at 39.2%.

The accounting and auditing industry is one of the main niches in the services sector. Thai Financial Reporting Standards (TFRS) are translated from IFRS Standards, SIC, IFRIC, and IAS interpretations. Today’s article will discuss the top 10 auditing and accounting firms in Thailand you must know.

Facts About Auditing And Accounting Industry In Thailand

Before we jump to the list of auditing and accounting firms in Thailand, here are some facts and stats about the country’s industry:

  1. The professional self-regulatory body in Thailand is The Federation of Accounting Professions(FAP), a member of the International Federation of Accountants.
  2. The country has almost 82,650 individuals registered as a member of the Thailand Federation of Accounting Professions(TFAC).
  3. The number of registered accounting and auditing firms is 4432.
  4. Thailand has adopted IFRS Standards with IAS, IFRIC, and SIC interpretation, known as Thai Financial Reporting Standards(TFRS).

Top Auditing And Accounting Firms In Thailand

Here is the list of top auditing and accounting firms in Thailand:

1.    HLB Thailand

HLB Thailand, previously known as BDO Thailand, is the most recognized accounting and auditing firm in Thailand. It is an award-winning accounting and advisory firm in the country, having a clientele from all over the world.

HLB Thailand is a member of HLB International, the firm having offices in 160 countries.

Services

The company offers the following services in the Thailand market:

  • Business advisory and consulting
  • Audit and assurance services
  • Corporate tax and legal services
  • Financial reporting and accounting

Office

14th  Floor, CTI Tower 191/70-73 New Ratchadapisek Road Klongtoey, Bangkok 10110, Thailand.
20/90 Moo 2, Thepkasattri Road T. Koh Kaew, A. Muang, Phuket 83000, Thailand.

Contact Information

Contact Number: +66 (0)2 260 7290

Email: [email protected]

Website: https://www.hlbthai.com/

2.    Humanica

Humanica is a Thailand-based HR and financial solution provider company working to help business clients to smoothen business operations by leveraging the latest technology.

Related article  Audit Procedures for Fixed Assets: Assertion, Risks and More

The company’s headquarters are located in Pathum Wan, Bangkok. Humanica has also launched its flagship HR management software, Humatrix.

The company has experience of over 30 years and over 500+ business clients. There are 5 offices in Asia and 2 million+ employees.

Services

Humanica specializes in the following services:

  • Human Resources Solution
  • Enterprise Resource Planning(ERP) Systems
  • Finance & Accounting Services

Office

2 Soi Rongmuang 5, Rongmuang Rd., Rongmuang, Pathumwan, Bangkok, Thailand 10330.

Contact Information

Contact Number: +66 2 636 6999

Email: [email protected]

Website: https://humanica.com/en/

3.    M&E(Thailand)

M&E(Thailand) Co., Ltd. is a Germany-based Thai organization that specializes in outsourcing accounting services. Besides, the company is also specialized in taxation, financial reporting, bookkeeping, and business advisory services. The company is leveraging technology and accounting software to provide affordable solutions for its clients.

M&E Thailand is headquartered in Bangkok, Thailand, and the main industries it focuses on include chemical, manufacturing, IT, and Food & Beverages.

Services

M&E offers the following services to business clients in Thailand:

  • Outsourcing of accounting functions like bookkeeping, financial statement preparation, payroll, etc
  • Setting up new business and IPOs
  • Visa and work permit services
  • Financial consultation services to businesses

Office

159/40 Sermmit Tower 26th Floor, Room No. 2608 Sukhumvit Road (Asoke), Klongtoey Nua Wattana, Bangkok 10110

Contact Information

Contact Number: +66 2 0461200

Email: [email protected]

Website:  http://www.mandethailand.com/index.html

4.    PKF Thailand

PKF is a multi-national company that operates in more than 150 countries and has 400 offices. In Thailand, PKF is an SEC-licensed independent firm providing auditing services to Thai-listed companies. The company has its headquarters in Bangkok, and its clients are spread all over the world.

If we talk about the operations of PKF in Thailand, they have working offices in several locations. The accounting and auditing firm has earned a good reputation as the leading firm with the most professional teams bridging the gap between international businesses and Thai markets.

Services

The service portfolio of MKF Thailand is as follows:

  • Business advisory
  • Taxation and corporate finance
  • Business Solutions
  • Cross-border transaction services
  • Audit and assurance
  • Accounting and financial reporting

Office

  1. 28th Fl., Sathorn Square Office Tower, 98 North Sathorn Road, Silom, Bangrak, Bangkok 10500, Thailand
  2. 63/14-15 M.10, South Pattaya Road, Nongprue, Banglamung,
    Chonburi 20150, Thailand.

Contact Information

Contact Number: +66 2 108 1591

Email: [email protected]

Website: https://www.pkfthailand.asia/

5.    Mazars

Mazars is a leading international auditing and accounting firm that has scaled the business around the world with integrated global partnerships. The accounting and auditing firm entered the Thai market in the year 2008. It didn’t take too long for Mazars to become one of the leading firms in the Thailand market.

Related article  How to Identifying Audit Risk? (Guidance)

The professional team of Mazars comprises professional accountants and consultants from different nationalities, including Thai, Korean, Japanese, German, British, Dutch, Indian, and Australian. The company’s mission is to help clients succeed with their adaptable work approach.

Services

Mazars offers the following services to clients in Thailand and worldwide:

  • Accounting services
  • Legal services and consultation
  • Financial reporting and advisory
  • Audit and assurance
  • Outsourcing

Office

Empire Tower, Tower 2, 12th Floor, South Sathorn Road, Bangkok 10120, Thailand

Contact Information

Contact Number: +66-2-670-1100

Website: https://www.mazars.co.th/

6.    Better Unique Accounting

Better Unique Accounting is a Thailand-based accounting and auditing firm that provides professional services to local and international clients. It is a dedicated accounting and auditing firm that provides clients with complete accounting and bookkeeping solutions.

Better Unique Accounting is known for timely services, accurate transactions, and comprehensive financial reporting. The firm serves international and local clients from two offices in Haytai and Bangkok.

Service

Better Unique Accounting provides the following services to its clients:

  • Bookkeeping, general ledger, payment book, cash book, purchase book, sale book, receiving books
  • Financial reporting and advisory
  • Collaborating with the revenue departments of clients
  • Taxation services
  • Audit and assurance services
  • Payroll services
  • Company registration services

Office

Bangkok: 87/2 Wireless Road, 36/F CRC Tower, Bangkok, Thailand

Contact Information

Contact Number: +66 (0) 2 207 2460

Email: [email protected]

Website: https://www.better-account.com/en/

7.    MSNA Group

MSNA Group is an accounting firm in Thailand having a global presence. MSNA Group comprises SMEs and companies by foreigners, the American Chamber of Commerce, and the Canadian Chamber of Commerce. MSNA Group has been operational in the country since 1996, and it consists of the following companies:

  1. MSNA Group Ltd. 
  2. MSNA Ltd.
  3. MSN Audit Ltd.
  4. Libra Accounting Ltd.
  5. Stewart Recruitment Ltd.
  6. Thai Lawyers Ltd.

Services

The services portfolio of MSNA Group is as follows:

  • Thailand accounting
  • US Income Tax for US-registered companies
  • Thai Tax and Corporate Finance
  • Company registration
  • BOI Company Registration
  • Work Permits
  • Staff outsourcing
  • Payroll services
  • Due diligence
  • Audit and assurance

Office

65/62 Chamnan Phenjati Business Center Building, 6th Floor, Rama 9 Road, Huaykwang, Bangkok 10310, Thailand

Contact Information

Contact Number: +662-643-2403, +662-643-2124

Related article  What is the Balance Sheet Audit Approach? - Explained

Email: [email protected]

Website: www.msnagroup.com

8.    Santa-Fe Law Firm Corp., Ltd.

Santa-Fe Law Firm Corp., Ltd. is a company headquartered in Bangkok and is counted among the country’s leading firms. The company focuses on Chinese and foreign business clients, with its operation offices at four locations(Bangkok, Chonburi, Phuket, and Chiangmai). Santa-Fe Law(AHHA Group) was founded in 2010 and had a professional team of competent individuals.

Services

The main services provided by the company are as follows:

  • Audit and assurance
  • Business law, registration, and relevant services
  • BOI/FBL
  • Outsourcing of payroll services, bookkeeping, etc.
  • Visa and work permits
  • Contract drafting

Office

Bangkok

Contact Information

Contact Number: Not available

Email: Not available

Website: Not available

9.    Konrad Legal Company Limited

Konrad Legal Company Limited is a full-service law firm based in Thailand. It is known for its cost-effective solutions, competent teams with international exposure, quick turnaround time, strategic solutions, and customer satisfaction. Konrad is the top-notch firm in the country for the accountancy services and business solutions they provide their customers with.

Services

Konrad Legal Company Limited provides the following services to clients:

  • Guide and whitepapers for businesses(registration, import/export, corporate bank account, visas, audit, etc.)
  • Accounting and financial reporting services
  • Legal services
  • BOI Company
  • ISO Certification

Office

12th Floor Unit -1209, Near NANA BTS Station) Two Pacific Place Building, 142 Sukhumvit Road, Klongtoey, Bangkok 10110, Thailand

Contact Information

Contact Number: +66 2 626 0266

Email: [email protected]

Website: https://www.konradlegal.com/

10. Deloitte

Deloitte is an international firm and is a leading global provider in the auditing and accounting domain. The company has a history of 150 years, with over 312000 people working in 150 countries and territories.

Deloitte was also listed in the first five Fortune Global 500 Companies. The company entered Thailand in 1939 and making a difference in the industry since then. We can say that Thailand is one of the initial countries where the company established its business.

Deloitte is dedicated to focusing on the areas of corporate responsibility and sustainability. Transparency, accountability, and reporting are also at the core of the company.

Services

The company provides the following services in Thailand:

  • Audit and assurance
  • Consulting and financial advisory
  • Legal consulting
  • Risk advisory
  • Tax consultation

Office

AIA Sathorn Tower, 23rd – 27th Fl., 11/1 South Sathorn Road, Yannawa, Sathorn, Bangkok 10120, Thailand

Contact Information

Contact Number: +66 2 034 0000

Website: https://www2.deloitte.com/th/en.html