What Is an Audit? The Complete Summary SMEs Need to Know [2026]
What is an audit and why can SMEs in 2026 not skip it? A simple summary of the steps, documents and what beginners must prepare, by the expe…
Accounting and business services · Chiang Mai
Audit of accounts and financial statements, Chiang Mai
Short answer
YMTD arranges an auditor and coordinates the audit of the annual financial statements for juristic persons in Chiang Mai, with a summary of observations on documents and internal controls. It suits companies and partnerships that must file audited financial statements, including dormant companies with no trading transactions yet. To start, tell us your accounting period and the state of your documents; Our staff reply within 1 business day.
Our staff reply within 1 business day through the channel you give; no sign-up needed
Who it is for, and what you get
Audit of the financial statements and assessment of the internal control system, so that your financial statements are ready for filing and for use with third parties
- Juristic persons that must file annual financial statements
- Businesses that want their document system and internal controls reviewed before expanding
- Financial statements audited under the relevant standards
- Observations on the document system and internal controls
What is included
- Planning the audit and requesting the supporting documents
- Examining the items in the financial statements and the supporting documents
- Summarising the observations and coordinating the filing
Confirm with staff before we start
- The signing auditor and the scope of the audit for each engagement
- Timing, which depends on the accounting period and the readiness of the documents
Service fees
Dormant company 5,000 baht/year
| Item | Fee | Note |
|---|---|---|
| Audit fee, Dormant / no trading transactions yet | 5,000 baht/year | When the firm arranges the auditor |
| Audit fee, Up to 5 million baht | We send a price range within 1 business day of seeing your details | |
| Audit fee, 5–30 million baht | We send a price range within 1 business day of seeing your details |
- Audit fee for a business with revenue: our staff quote it according to the size of the business
- The signing auditor and the scope are set out in the service agreement
- Prices exclude VAT 7%
- A quote can be relied on for 14 days
Rates version YMTD-2026-10-10-r1 — the same set as the pricing and terms page
Factors that affect the fee
- Size of the business and number of transactions
- Readiness of the documents and the accounting system
- Additional special reviews
Service area and visits
- Office in Hang Dong, Chiang Mai — You can come in to talk at the office; please book ahead so our staff can prepare your information (223/100 หมู่บ้านเชียงใหม่วิวสวย 2, San Phak Wan, Hang Dong, Chiang Mai 50230, Thailand)
- Clients across Chiang Mai and nearby areas — Businesses in other districts of Chiang Mai and nearby provinces can meet us or send documents through the channel agreed with our staff
- Other areas: online and LINE — We can discuss the work and receive documents online; please state your province in the form so our staff can confirm how the work can be handled
How we start
- Tell us the accounting period and the state of the documents
The financial year to be audited and the accounting system in use
- Send the documents on the list
Our staff send you the document list and the timing
- Audit and summary
Receive the audited financial statements with observations
How long each step takes depends on how complete the information is and on the work cycles of the agencies involved
Documents to prepare
- Trial balance and supporting schedules
- Fixed asset register
- Bank statements and the key documents of the year
Frequently asked questions
Do the annual financial statements need an auditor?
By law, the financial statements of a juristic person must be audited and have an opinion expressed by an auditor. The firm can coordinate this; the signing auditor and the scope of the audit are set out in the service agreement.
How do I request a quote, and how long does it take?
Fill in the “Request a quote” form, choose the service and give some basic details about your business. The system issues a reference number as soon as the request is saved. Our staff will contact you through the channel you gave within 1 business day to ask any further questions before the formal quote is issued.
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