IFRS - Grant Thornton Thailand

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Business Risk Services

Grant Thornton Thailand is a professional international audit firm with expertise and experience. We provide a high quality, world-class independent audit...

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Internal audit
In today's increasingly competitive and regulated market place, organisations - both public and private - must demonstrate that they have adequate controls and safeguards in place. The availability of qualified internal audit resources is a common challenge for many organisations.
IFRS
At Grant Thornton, our International Financial Reporting Standards (IFRS) advisers can help you navigate the complexity of financial reporting so you can focus your time and effort on running your business.
Audit quality monitoring
Having a robust process of quality control is one of the most effective ways to guarantee we deliver high-quality services to our clients.
Global audit technology
We apply our global audit methodology through an integrated set of software tools known as the Voyager suite.

Human Capital Consulting

Headhunter, executive search and recruitment; permanent positions, interim and temp executives; HR assessment tools - We work with you to provide value-added...

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Looking for permanent staff
Grant Thornton's executive recruitment is the real executive search and headhunting firms in Thailand.
Looking for interim executives
Interim executives are fixed-term-contract employees. Grant Thornton's specialist Executive Recruitment team can help you meet your interim executive needs
Looking for permanent or interim job
You may be in another job already but are willing to consider a career move should the right position at the right company become available. Or you may not be working at the moment and would like to hear from us when a relevant job comes up.
Practice areas
We provide retained recruitment services to multinational, Thai and Japanese organisations that are looking to fill management positions and senior level roles in Thailand.
Submit your resume
Executive recruitment portal
Update your resume
Executive recruitment portal
Available positions
Available positions for executive recruitment portal
General intelligence assessments
The Applied Reasoning Test (ART) is a general intelligence assessment that enables you to assess the level of verbal, numerical reasoning and problem solving capabilities of job candidates in a reliable and job-related manner.
Candidate background checks
We provide background checks and employee screening services to help our clients keep their organisation safe and profitable by protecting against the numerous pitfalls caused by unqualified, unethical, dangerous or criminal employees.

Related insights:

Executive Talent Executive talent makes all the difference

We’ve all seen it: Companies coasting on past successes, telling themselves that they’ll start to push ahead in earnest once the economy gets better, and treading water in the meantime by focusing on modest incremental improvements in the products and services of which they used to be pioneers. They will have their reasons, and most will sound perfectly sensible when expressed and explained. But businesses should be extremely wary of all attempts to rationalise inaction, or deliver excuses rather than results. If an organisation’s key obstacles are not being aggressively addressed, the deeper problem is usually a lack of internal direction or urgency. Both of these are failures of leadership.

Charasporn Uppawong

| 4 min read | 28 Apr 2024

Advisory Services

Dynamic organisations need a broad range of advisory services to support their ambitions and growth. Our advisory services are designed to help you achieve...

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Capital markets
If you’re buying or selling financial securities, you want corporate finance specialists experienced in international capital markets on your side.
Corporate simplification
Corporate simplification
Expert witness
Expert witness
Family office services
Family office services
Financial models
Financial models
Forensic Advisory
Investigations
Independent business review
Does your company need a health check? Grant Thornton’s expert team can help you get to the heart of your issues to drive sustainable growth.
Mergers & acquisitions
Mergers & acquisitions
Operational advisory
Grant Thornton’s operational advisory specialists can help you realise your full potential for growth.
Raising finance
Raising finance
Restructuring & Reorganisation
Grant Thornton can help with financial restructuring and turnaround projects, including managing stakeholders and developing platforms for growth.
Risk management
Risk management
Transaction advisory
Transaction advisory
Valuations
Valuations

Business Consulting

The environment for business is changing faster now than at any time in recent history. Forces such as globalisation and rapid technological changes are...

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Human Capital Consulting
From time to time, companies find themselves looking for temporary accounting resources. Often this is because of staff leaving, pressures at month-end and quarter-end, or specific short-term projects the company is undertaking.
Strategy & Business Model
Strategy & Business Model
Process Optimisation & Finance Transformation
Process Optimisation & Finance Transformation
System & Technology
System & Technology
Digital Transformation
Digital Transformation

Tax and legal

Whether your business is just starting up, undergoing reorganisation or expanding globally, our dedicated tax and legal team is available to provide...

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International tax
With experts working in more than 130 countries, Grant Thornton can help you navigate complex tax laws across multiple jurisdictions.
Licensing and incentives application services
Licensing and incentives application services
Transfer pricing
If your company operates in more than one country, transfer pricing affects you. Grant Thornton’s experts can help you manage this complex and critical area.
Global mobility services
Employing foreign people in Australia, or sending Australian people offshore, both add complexity to your tax obligations and benefits – and we can guide you through them.
Tax compliance and tax due diligence review services
Tax compliance
Value-Added Tax
Value-Added Tax
Customs and Trade
Customs and Trade

Japanese Business Practice (日系企業の皆様へ)

Japanese Business Practice (日系企業の皆様へ), 税務・法務, ビジネス・プロセス・ソリューション, 通訳・翻訳, アドバイザリーサービス, 監査・保証業務, エグゼクティブリクルート（ヘッドハンティング）.

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Service Line
グラントソントン・タイランド　サービスライン

Business Process Outsourcing

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Business Process Outsourcing
Companies, large and small, need to focus on core activities. Still, non-core activities are important, and they need to be leaner and more efficient than most companies can make them sustainably. For Grant Thornton, your non-core activities are our core business. Grant Thornton’s experienced outsourcing team helps companies ensure resilience, improve performance, manage costs, and enhance agility in resourcing and skills. Who better to do this than an organisation with 73,000 accountants? At Grant Thornton we recognise that that outsourcing your F&A functions is a strategic decision and an extension of your brand. This means we take your business as seriously as we take our own.
Technology and Robotics
We provide practical digital transformation solutions anchored in business issues and opportunities. Our approach is not from technology but from business. We are particularly adept at assessing and implementing fast and iterative digital interventions which can drive high value in low complex environments. Using digital solutions, we help clients create new business value, drive efficiencies in existing processes and prepare for strategic events like mergers. We implement solutions to refresh value and create sustainable change. Our solutions help clients drive better and more insightful decisions through analytics, automate processes and make the most of artificial intelligence and machine learning. Wherever possible we will leverage your existing technologies as our interest is in solving your business problems – not in selling you more software and hardware.
Technical Accounting Solutions
The finance function is an essential part of the organisation and chief financial officer (CFO) being the leader has the responsibility to ensure financial discipline, compliance, and internal controls. As the finance function is critical in every phase of a company’s growth, the CFO role also demands attention in defining business strategy, mitigating risks, and mentoring the leadership. We offer technical accounting services to finance leaders to help them navigate complex financial and regulatory environments, such as financial reporting and accounting standards, managing compliance requirements, and event-based accounting such as dissolutions, mergers and acquisitions.
Accounting Services
Whether you are a local Thai company or a multinational company with a branch or head office in Thailand you are obliged to keep accounts and arrange for a qualified bookkeeper to keep and prepare accounts in accordance with accounting standards. This can be time consuming and even a little dauting making sure you conform with all the regulatory requirements in Thailand and using Thai language. We offer you complete peace of mind by looking after all your statutory accounting requirements. You will have a single point of contact to work with in our team who will be responsible for your accounts – no matter small or large. We also have one of the largest teams of Xero Certified Advisors in Thailand ensuring your accounts are maintained in a cloud-based system that you have access to too.
Staff Augmentation
We offer Staff Augmentation services where our staff, under the direction and supervision of the company’s officers, perform accounting and accounting-related work.
Payroll Services
More and more companies are beginning to realize the benefits of outsourcing their noncore activities, and the first to be outsourced is usually the payroll function. Payroll is easy to carve out from the rest of the business since it is usually independent of the other activities or functions within the Accounting Department. At Grant Thornton employees can gain access to their salary information and statutory filings through a specialised App on their phone. This cuts down dramatically on requests to HR for information by the employees and increases employee satisfaction. We also have an optional leave approval app too if required.

Business Risk Services

In the dynamic world with unprecedented events, it is imperative that organizations balance their risks, controls while capturing the opportunities in order to...

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Industries

Consumer products

Emerging markets and shifting consumer demand are creating new opportunities in this industry, with business leaders investing in new products, markets and...

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Related insights:

IBR Optimism of Thailand Mid-Market Leaders Suggests Potential Underestimation of Challenges Ahead: International Business Report, Q1 2024
Bangkok, Thailand, April 2024 — The Grant Thornton International Business Report (IBR) for Q1 2024 unveils a strikingly optimistic outlook among Thailand's mid-market business leaders, juxtaposed with the looming challenges that will shape the nation's economic future. With a Business Health Index score of 13.5, Thailand outperforms its ASEAN, Asia-Pacific, and global counterparts, signaling a robust confidence that may overshadow critical issues such as demographic changes, skills shortages, and the necessity for digital advancement.

2 min read | 10 Apr 2024
Workshop Corporate Strategy and Company Health Check Workshop
Throughout this workshop, we will delve into the life cycle of companies, examining the stages of growth, maturity, and adaptation. Our focus will extend to the current business environment, where your Company stands today, and how our evolving strategy aligns with the ever-changing market dynamics.

1 min read | 19 Mar 2024
Tax and Legal update 1/2024 Introducing the New “Easy E-Receipt” Tax scheme with up to THB 50,000 in Tax Deductions
The Revenue Department has introduced the latest tax scheme, the “Easy E-Receipt”, formerly known as “Shop Dee Mee Kuen”. This scheme is designed to offer individuals tax deductions in 2024.

1 min read | 08 Jan 2024
TAX AND LEGAL Complying with the PDPA – A Balancing Act
Organisations must be aware of the circumstances in which they are allowed to collect data to comply with Thailand’s Personal Data Protection Act.

Tanva Mahitivanichcha
| 06 Mar 2020

Energy & resources

Energy markets worldwide are undergoing major changes. Grant Thornton can help you understand and navigate the challenges, and make sure you have the solutions...

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Financial services

Financial services firms operate under complex and heavy regulation. Grant Thornton’s global network of member firms assists clients with asset management,...

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Healthcare

Healthcare is a rapidly changing sector. Providers and commissioners of healthcare face the challenges of rising public expectations, an ageing population,...

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Not for profit

Across the globe, not for profit organisations are increasingly expected to deliver more, while at the same time facing cuts in government funding and...

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Government and public sector

We work with all types of agencies, including central and state government, local government, donors (including bilateral and multilateral international...

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Real estate & construction

While the impact of the prolonged downturn continues to be felt, pockets of opportunity and optimism have emerged within the retail estate and construction...

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Technology, media & telecommunications

Rapid change and complexity are norms, and innovation the fuel in the technology industry. Today’s revolutions – including cloud, as-a-service, social media...

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Travel, tourism & leisure

The travel, tourism and leisure industry is undergoing dramatic change: consumers are now calling the shots. Grant Thornton’s global network of industry...

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Our IFRS advisers can help you navigate the complexity of the Standards so you can focus your time and effort on running your business.

The International Financial Reporting Standards (IFRS), are a set of global accounting standards developed by the International Accounting Standards Board for the preparation of public company financial statements. With well over 100 countries using them, they are fast becoming the global accounting language.

Using IFRSs can help increase the quality, comparability and transparency of your financial information. Applying them correctly will increase your company's credibility and improve access to credit and investment opportunities.

The Standards are very detailed and technical. To the untrained eye, they can appear hard to navigate. But at Grant Thornton, we have people who are very well versed in their intricacies and can translate them into language that you can understand and apply to your financial statements.

To help you navigate the complexity of the standards, a selection of related content is included below. To view all of our IFRS insights please click here.

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Luxsamee Deetrakulwattanapol

Partner - Audit

Contact Luxsamee Deetrakulwattanapol Learn more about Luxsamee Deetrakulwattanapol

International financial reporting standards (IFRS)

Our IFRS advisers can help you navigate the complexity of the Standards so you can focus your time and effort on running your business.

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