Audit Services in Bangkok:

As part of our professional Audit Services in Bangkok, internal audits evaluate a company’s internal controls, including its corporate governance and accounting processes. These audits ensure compliance with laws and regulations and help maintain accurate and timely financial reporting and data collection.
• An internal audit supports effective risk management and evaluates the efficiency of various aspects of the company.
• Types of internal audits may include financial, operational, compliance, environmental, IT, or other specific business areas.
• Internal audits provide management and the board of directors with a value-added service by identifying and correcting process flaws before an external audit takes place.
• Like external audits, internal audits are carried out through defined steps — planning, auditing, reporting, and monitoring
• They also enhance operational efficiency, motivate employees to follow company policies, and allow management to review and strengthen critical areas of operations.

Various Types of Internal Audit:
Compliance Audit
Independent Financial Audit
Environmental Audit
Information System Audit
Efficiency and Performance Audit
Operational Audit
Property and Construction Audit
Plant and Technical Audit
Special Investigations
Through our Audit Services in Bangkok, backed by deep expertise in Accounting Service Bangkok, we help businesses strengthen control systems, improve compliance, and ensure accuracy across all operations.

A cost audit examines an entity’s cost records and other linked information, including a non-profit entity. The primary purpose of this method is to assure stakeholders, such as shareholders, management, and regulatory authorities, that the cost information reported by a company is reliable and in compliance with relevant regulations and standards. It comprises of the following:

(a) Verification of the cost accounting records for the accuracy of the cost accounts, cost reports, cost statements, and cost data
(b) Examination of these records to ensure that they adhere to the cost accounting principles, plans, procedures, and objectives.
The cost auditors’ approach should ensure that the cost accounting plan follows the objectives set by the organization and that the accounting system is geared towards attaining these objectives. The cost auditor should also establish the correctness or otherwise of the figures by vouching for verification, reconciliation, etc.

Key Points:
Verifying the accuracy of the cost data: The cost auditor examines a company’s cost accounts and records to ensure that the reported cost data is accurate, reliable, and free from material misstatements.
Enhancing cost control: It helps a company identify areas where it can improve its cost control processes. Therefore, it results in cost savings and improved profitability.
Identifying inefficiencies: It helps identify areas where a company may be incurring unnecessary costs or where it can improve its production processes to reduce costs.
Ensuring compliance with regulations: A company complies with relevant regulations and guidelines, such as those laid down by governmental agencies or professional bodies.
Improving decision making: It provides management with a better understanding of the company’s cost structure. Moreover, it help them to make more informed decisions about cost-related matters.

A statutory audit is a legally required review of the accuracy of a company's or government's financial statements and records. The purpose of a statutory audit is to determine whether an organization provides a fair and accurate representation of its financial position by examining information such as bank balances, bookkeeping records, and financial transactions.

Key Points:

A statutory audit is a legally required review of the accuracy of a company's or government's financial statements and records.
The term statutory denotes that the audit is required by statute.
Being subject to a statutory audit is not an inherent sign of wrongdoing.
If inaccuracies are found, appropriate consequences may apply.
Firms that are subject to audits include public companies, banks, brokerage and investment firms, and insurance companies.

A social audit is a formal review of a company's endeavors, procedures, and code of conduct regarding social responsibility and the company's impact on society. A social audit is an assessment of how well the company is achieving its goals or benchmarks for social responsibility.

Key Points:
A social audit is a formal review of a company's endeavors, procedures, and code of conduct regarding social responsibility and the company's impact on society.
A social audit is an assessment of how well the company is achieving its goals or benchmarks for social responsibility.
Ideally, companies aim to strike a balance between profitability and social responsibility.

A forensic audit examines and evaluates a firm's or individual's financial records to derive evidence used in a court of law or legal proceeding.1 Forensic auditing is a specialization within accounting, and most large accounting firms have a forensic auditing department. Forensic audits require accounting and auditing procedures and expert knowledge about the legal framework of such an audit.
Forensic audits cover a wide range of investigative activities. A forensic audit is often conducted to prosecute a party for fraud, embezzlement, or other financial crimes. In the process of a forensic audit, the auditor may be called to serve as an expert witness during trial proceedings. Forensic audits could also involve situations that do not include financial fraud, such as disputes related to bankruptcy filings, business closures, and divorces.

Key Points:
A forensic audit is an examination and evaluation of a firm's or individual's financial records.
During a forensic audit, an auditor seeks to derive evidence that could potentially be used in court.
A forensic audit is used to uncover criminal behavior such as fraud or embezzlement.
When you are a forensic auditor, you specialize in a particular brand of accounting. Smaller firms may not have a forensic auditor on the payroll, but most large, commercial accounting firms have forensic auditing departments.