Keywords: Mazars, Thailand, Accounting, Thai Standards on Auditing, TSA, NPAEs
The new and revised TSA include the following:
Setting out key audit matters will not be required in auditors’ reports on Non-Publicly Accountable Entities (NPAEs). However, there are some changes in the structure of such reports.
The revised TSA are effective for audits of financial statements for the period ending on or after 31 December 2016.