The Revenue Department strictly controls Auditor-certified account

Bangkok, The Revenue Department strictly controls auditors and certifiers of accounts, urging them not to certify more than 300 accounts per year. The Revenue Department has inspected the performance of auditors and certified accountants. Both certified public accountants and the tax auditor found that there were ethical flaws. Certification of accounting in businesses that exceed one's knowledge and abilities The accounting certification is not in a position to perform the work and certify the financial statements. Found risk of flawed financial statements Lack of professional credibility The Revenue Department therefore emphasizes that auditors and certifiers of accounts To act according to the command Do not inspect and certify accounts in a business beyond your knowledge and ability. Do not audit and certify more than 300 accounts per year, including the auditor and certifier of accounts not in a position to perform work and certify financial statements, such as in cases where the auditor and certifier of accounts fails to renew, ceases to exist, dies, or is revoked in order to remain. In the Code of Ethics for Legal Accounting Auditors and Certifiers If you have any questions, you can ask for additional information at the Tax Auditing Standards Division, Tel. 0 2272 9172 0 2272 9174 and 0 2272 9816 or every Revenue Office nationwide. Source: Thai News Agency