Changing Accounting Framework of Thailand

Abstract

                Nowaday, the basic concepts of Thailand accounting has developed continuously since the adoption of the Accounting Framework for the first time in 2542. Accounting Framework Revised 2550 Revised Framework for 2552. Until now, a Conceptual Framework for Financial Reporting (revised 2557) has changed to include about 4 big issues.
                1. The reasons for the changes caused by the International Accounting Standards have changed.
                2. Content in Accounting Framework.
                3. The users of financial statements in accordance with Accounting Framework.
                4. Assumption of basic assumptions in the preparation and presentation of financial statements in accordance with Accounting Framework.
                The accounting profession has a better understanding of the changes that occur of the Accounting Framework. It will result in Thailand can be a daily practice or Conceptual Framework for Financial Reporting Standards used in conjunction with financial reporting better.

Article history : Accepted 24 April 2015
                              SIMILARITY INDEX = 1.59