Camille

Due diligence is an audit or a review to confirm the facts of a matter under consideration before realizing a transaction with another party. 

In the last years, more and more global companies and independent traders are opening a branch or starting a new business in Thailand.

If you are planning to start a business in Asia, you will quickly discover that Thailand is probably the best country in South East Asia to establish a business and make important connections.

Many business owners consider bookkeeping, accounting, and tax filing the least enjoyable aspects of running their companies.

Countless business owners still manage their finances by themselves, mainly because they believe they’re saving money by doing so.  However, for growing businesses, outsourced accounting and bookkeeping can absolutely be worth the cost. 

It might save time and money, make better use of your and your team’s time, but also gives companies peace of mind knowing that their books are taken care of while they focus on their core business functions. 

Here are the TOP 8 reasons why you should outsource your accounting tasks. 

The purpose of the audit is to form an opinion on the financial information by examination of books of account and physical checking. It is done to verify accuracy of financial statements of a company.

There are different Audit methods or techniques that auditors use. Indeed, the different audit approaches are based on the nature of engagement, the scope, the nature of the client’s business, and the risks.

The correct choice of the method helps auditors to improve efficiency and we will focus on the main audit approaches.