Location: Asia/Pacific

Contributed by: Calibre Business Advisory.

The term “audit” for many businesses brings to mind regulatory scrutiny, along with compliance requirements and administrative challenges. However, this view misses a crucial point. A properly conducted audit represents more than a mere regulatory requirement because it serves as a strategic instrument that reveals operational weaknesses while enhancing control systems and detecting potential areas for business expansion.

Bangkok, July 11, 2025 – AGN International, a global association of independent accounting and advisory firms, recently held its 2025 Asia Pacific Regional Meeting in vibrant Bangkok, Thailand, running in parallel with the Nexia APAC Regional Conference. 

The two events brought together over 120 participants from both AGN and Nexia, offering a valuable opportunity to connect, exchange ideas, and further strengthen the collaborative relationship between the two associations in the region.

AGN Taxpresso is a quarterly publication featuring content provided by AGN Asia Pacific Tax Committee members. Keep yourself and your clients in the know with:

• Up-to-date information on tax developments in Asia Pacific countries.
• Current corporate world issues and hot topics affecting the respective countries’ economies and global development – including insight into the potential impact this could have.
• Annual budget announcements.

Contributed by: R V K S and Associates.

Chaordic perfectly describes the environment finance leaders now operate in, a fusion of chaos and order. In March 2025, R Venkatakrishnan wrote an article titled Accounting in the Era of STEM, published in The Hindu Business Line. The piece explored the changing landscape of the finance profession amidst the rise of Science, Technology, Engineering, and Mathematics disciplines. The response was overwhelming and encouraging. It prompted a deeper reflection—not just on accounting per se, but on the evolving nature of leadership in finance, particularly the CFO’s role.

Contributed by: Calibre Business Advisory

Businesses operating within a global economy full of unpredictability need to develop capabilities that help them not just endure economic recessions but also emerge from them with enhanced strength and a competitive edge.

AGN Taxpresso is a quarterly publication featuring content provided by AGN Asia Pacific Tax Committee members. Keep yourself and your clients in the know with:

• Up-to-date information on tax developments in Asia Pacific countries.
• Current corporate world issues and hot topics affecting the respective countries’ economies and global development – including insight into the potential impact this could have.
• Annual budget announcements.

Contributed by: RVKS and Associates.

Recognising accounting as a STEM (Science, Technology, Engineering, and Mathematics) field not only enhances financial literacy among innovators but also instils sense of accountability, essential for sustainable growth.

A summary of tax facts of countries/territories in the Asia Pacific region

A collection of transfer pricing summaries of countries/territories in the Asia Pacific region

AGN Taxpresso is a quarterly publication featuring content provided by AGN Asia Pacific Tax Committee members. Keep yourself and your clients in the know with:

• Up-to-date information on tax developments in Asia Pacific countries.
• Current corporate world issues and hot topics affecting the respective countries’ economies and global development – including insight into the potential impact this could have.
• Annual budget announcements.