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Search Result for “accounting department”

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BUSINESS

Accounting challenges ahead

Business, Published on 18/10/2019

» Changes in the way financial instruments are classified under the new Thai Accounting Standards (TAS 32) may result in perpetual bonds being reclassified from equity to liabilities in financial statements, PwC Thailand has warned.

LIFE

A creative accounting

Life, Thana Boonlert, Published on 13/02/2023

» Sophie, a young pianist, dreams of performing at a concert hall. When she gets an invitation letter, she feels overjoyed and begins to prepare for a debut, though with a sense of foreboding. On concert day, the sound of music comes from nowhere. She finds that it is created by the ghosts of past performers, yet continues to play her instrument. Her performance brings the ghosts peace, and they gradually disappear. As time goes by, Sophie becomes a successful pianist, but she never forgets the event.

BUSINESS

Post-pandemic accounting changes

Business, Published on 08/12/2020

» Listed companies need to study how their financial statements will be affected when Covid-19 relief measures for accounting rules expire at the end of this year, according to PwC Thailand.

BUSINESS

New accounting standard postponed

Business, Phusadee Arunmas & Darana Chudasri, Published on 18/07/2018

» The government has decided to delay implementation of stringent new accounting rules for another year to prevent any adverse impact on businesses.

OPINION

'Scam-gate' deserves full accounting

Oped, Thitinan Pongsudhirak, Published on 24/10/2025

» The explosive revelations and allegations of regional cybercrimes and scam networks have hit Thailand head-on and placed the government of Prime Minister Anutin Charnvirakul in an awkward and defensive position. As more facts surrounding what looks like a labyrinthine cross-border multibillion-dollar transnational criminal ring come to light, more questions have surfaced with no clear answers. The Anutin government needs to come clean and avoid a "scam-gate" of cover-ups and lies at the expense of countless scammed victims across many countries.

BUSINESS

Fine points of the accounting standard

Business, Nuntawun Polkuamdee, Published on 03/05/2018

» There are three stages of impairment under IFRS9.

BUSINESS

New accounting standard D-Day postponed

Online Reporters, Published on 17/07/2018

» The Oversight Committee on Accounting Professions has delayed the implementation of the International Financial Reporting Standard 9 (IFRS9) by a year to Jan 1, 2020 to allow concerned parties to prepare themselves.

BUSINESS

Trade talks, accounting changes bear watching

Business, Bualuang Securities, Published on 16/11/2019

» In the past week, the SET index rose above 1,610 points and tested the 1,640 resistance based on two main factors: progress in US-China trade talks and potential tariff termination in phases, and the addition of OSP, GPSC, BGRIM, SAWAD and other Thai small-cap stocks to the influential MSCI indices.

BUSINESS

PwC urges firms to shift accounting functions

Business, Published on 22/10/2020

» Thai organisations need to rethink their strategies regarding finance and accounting to ensure growth in overall business during this troubled economic climate, says the consulting firm PwC Thailand.

BUSINESS

Accounting changes and the meaning of 'income'

Business, PwC Thailand, Published on 16/03/2018

» Two words usually come to mind when we consider the timing of income recognition. They are "risk" and "reward". Traditionally, the revenue of a contractor can be recognised once the risk and reward have been passed to the buyer. We are very familiar with this concept as it has been in place for more than a decade. However, changes are in the pipeline.