What does the Auditor?

[OneMoreFarang]

As far as I know at the end of the year an auditor is asked to check the company books (for a Thai company limited).

 

What does the auditor do?

After the audit does the auditor decides OK or Not OK? Or something like: Most things are correct but not this and that... ?

Does he verify the numbers in the documents or also payments? I.e. does he check if all tax was correctly calculated and correctly paid?

 

Please only reply if you know what the auditor is doing. I am not interested in a guess what you think he might do.

 

Thanks

 

[FritsSikkink]

Here you go:

 

Annual Audit Process in Thailand - A Comprehensive Guide (belaws.com)

 

Thailand’s A Guide Of Financial Statements 2024 (accconsultingservice.com)

[OneMoreFarang]

41 minutes ago, FritsSikkink said:

Here you go:

 

Annual Audit Process in Thailand - A Comprehensive Guide (belaws.com)

 

Thailand’s A Guide Of Financial Statements 2024 (accconsultingservice.com)

Thanks, that looks good. I will study it.