From insight to action: Staying ahead of change

Emphasize the critical need for businesses to move beyond insight and take action in today’s rapidly changing environment.

Speaker

• Pisit Thangtanagul
  Chief Executive Officer, PwC Thailand

Update on current macroeconomic trends, including global economic indicators and potential shifts in the market landscape.

Speakers

• Dr. Somkiat Tangkitvanich
  President of Thailand Development Research Institute (TDRI)

• Sinsiri Thangsombat
  Assurance Leader, PwC Thailand

Coffee break

Building on insights from the update on macroeconomic trends, this session will focus on how businesses can reinvent their strategies to thrive in today’s dynamic environment and prepare for future changes. PwC’s leadership will offer diverse perspectives and actionable strategies for sustaining business success.

Speakers

• Sinsiri Thangsombat
  Assurance Leader, PwC Thailand
• Niphan Srisukhumbowornchai
  Tax and Legal Leader, PwC Thailand
• Phuwin Norchoovech
  Deals Partner, PwC Thailand

Moderator

• Amornrat Pearmpoonvatanasuk
  Chief Commercial Officer, PwC Thailand

Understanding the Financial Implications of Business Model Changes.

Analyze how shifts in global trends impact key accounting areas such as revenue recognition, cost allocation, asset valuation, and liability management.

Speakers

• Sanicha Akarakittilap
  Assurance Partner, PwC Thailand
• Nopanuch Apichatsatien
  Assurance Partner, PwC Thailand

Lunch break

Session A: Integrating AI into operation to enhance cost saving

AI-Driven decision making: Transforming strategy into cost efficiency

• Explore how AI can provide actionable insights for strategic decision-making, leading to significant cost reductions and improved operational efficiency

The future of cost-effective models

• Discuss the role of AI in automating routine tasks and processes to balance between business flexibility and controls including AI Governance, reducing operational costs, and allowing executives to focus on strategic growth areas

AI-Powered risk management

• Examine how AI can enhance risk and control management and optimizing resource allocation to minimize unnecessary expenditures including use cases
  

Speakers

• Phansak Sethsathira
  Assurance Partner, PwC Thailand
• Pree Preechaborisutkul
  Assurance Partner, PwC Thailand

Session B: “Accountants ... the (sometimes) forgotten M&A gatekeeper”

The discussion will explore the roles of accounting and financial planning
departments and how it can create value in M&A.

1. See why accountants are the key players in every M&A transaction
2. On the Buy-Side: Accountants as builders, protectors, and narrators
3. On the Sell-Side: Accountants as truth-tellers and guides
   

Speakers

• Nutdhawut Pattamavipak,
  Deals Director, PwC Thailand
• Jettapat Sodadee
  Deals Director, PwC Thailand

Session C: Navigating the Future: Upcoming Changes in Accounting Standards

Current changes

• TAS 1 - Non-current liabilities with covenants
• TAS 7 and TFRS 7- Supplier finance arrangements
• TFRS 16 - Leases on sale and leaseback

Upcoming Changes

• TAS 21 - Lack of Exchangeability
• TFRS 7 and TFRS 9
  • Classifying sustainability linked loan
  • Electronic cash transfer amendment

Speakers

• Wandee Leevorawat
  Assurance Partner, PwC Thailand
• Woravee Deachapiwat
  Assurance Director, PwC Thailand

Coffee break

Session D: Integrating Cybersecurity with Financial Strategy: Empowering CFOs to Mitigate Cyber Risks Cost-Effectively

• Cybersecurity Risk and Financial Impact
  Explore how cyber threats impact accounting and finance through three case studies, illustrating the financial repercussions and highlighting the critical vulnerabilities these threats exploit

• The Role of CFO in Cyber Risk Management
  Highlight the CFO’s crucial role in evaluating and managing cyber risks by allocating budgets for detection and response technologies, and promote the understanding that cybersecurity is a concern for the entire business, not just IT.

Speaker

• Prasert Jarusripat
  Assurance Partner, PwC Thailand

Session E: ESG – ESG reporting and accounting implication

Development of ESG landscape and accounting impacts

• Overview of IFRS S1 S2
• Internal operations transformation
• Case studies from applying these standards in corporate’s disclosure
• Outlook of IFRS and other evolving standards

Speakers

• Sanicha Akarakittilap
  Assurance Partner, PwC Thailand
• Chayathorn Chanruangvanich
  Sustainability and Climate Change Leader, PwC Thailand
• Kulawal Supesuntorn
  Sustainability and Climate Change Director, PwC Thailand

Speakers

• Pisit Thangtanagul
  Chief Executive Officer, PwC Thailand
• Niphan Srisukhumbowornchai
  Tax and Legal Leader, PwC Thailand

Speakers

• Jidtar Neesanun
  Principal Advisor on Tax Base Management,
  The Revenue Department
• Niphan Srisukhunbowornchai
  Tax and Legal Leader, PwC Thailand

Coffee break

In today’s dynamic global tax environment, businesses need to stay agile and responsive to new regulatory developments. This session explores the latest tax updates, noteworthy rulings and significant business law changes that could substantially impact your strategies. We’ll also cover recent punitive cases under the PDPA and nominee investigations conducted by the Ministry of Commerce and other government authorities. By understanding these evolving landscapes and adjusting your practices accordingly, you can ensure compliance and optimise your positioning.

We’ll also discuss how the recent Trump tariffs are impacting trade dynamics, with a specific focus on their effects on Thai exporters. You’ll get essential updates and insights, especially concerning reciprocal duties and origin verification. You'll also gain a deeper understanding of the impacts, areas of concerns and actions Thailand has taken.

Join us to stay informed, prepared and strategically aligned with the upcoming changes in Thailand’s tax and business law environment.

Speakers

• Orawan Fongasira
  Tax and Legal Partner, PwC Thailand
• Vunnipa Ruamrangsri
  Tax and Legal Partner, PwC Thailand
• Tuttapong Kritiyutanont
  Tax and Legal Associate Partner, PwC Thailand
• Tanarat Permpoonsap
  WMS Director, PwC Thailand

Lunch break

Speaker

• Narit Therdsteerasukdi
  Secretary General, Thailand Board of Investment (BOI)

Session A: Legacy to innovation: tracing the shift in Thailand’s transfer pricing audits

This session offers a thorough examination of Thailand’s transfer pricing audit journey—from its historical roots to its current dynamics. Initially, Thailand’s approach was shaped by fewer regulations, creating a landscape that lacked consistency. However, there have been transformative changes in recent years, as Thailand strives to meet international standards. This seminar will uncover how these efforts have reshaped audit practices, enhancing clarity and compliance.

Looking forward, the session will also explore emerging trends that are set to influence Thailand’s transfer pricing audits. Participants will gain insights into how domestic policy changes and global factors are expected to shape the future of these audits.

This session promises to be an invaluable resource for anyone keen to understand the ongoing developments and future direction of transfer pricing audits in Thailand.

Speakers

• Panachai Anontanut
  Tax and Legal Partner, PwC Thailand
• Kanyarat Jarukiattikul
  Tax and Legal Director, PwC Thailand
• Jirapong Kitsanayanyong
  Tax and Legal Director, PwC Thailand

Session B: From global reform to local solutions—lessons from Pillar Two implementation

International tax systems are transforming rapidly to implement global minimum tax rules (Pillar Two). Over 55 jurisdictions, including Thailand, have already enacted bespoke rules into domestic legislation. Despite recent news of the Pillar Two agreement amongst the G7 and challenges to Pillar Two in the EU, implementation continues to gain momentum. From what we’ve seen, jurisdictions are approaching the local adoption of the rules differently. Some have imposed early registration deadlines and advance payment filings. Some have adopted different calculation mechanisms for local top-up taxes. Many have yet to release any detailed guidance or local return forms. As these challenges mount, Thai companies that are part of multinational groups subject to these rules must future-proof their approach to financial reporting and tax compliance by understanding global developments and leveraging lessons learned locally.

Speakers

• Orawan Phanitpojjamarn
  Tax and Legal Partner, PwC Thailand
• Waritta Namsiripongpun
  Tax and Legal Associate Director, PwC Thailand

Coffee break

Session C: Redefining your tax and customs audit strategies: navigate today’s challenges with insight and innovative strategies

Tax and customs audits have rapidly evolved with technology integration, allowing tax and customs authorities to broaden their strategies and maximise tax collection. Staying informed about audit practices and trends, and applying effective techniques, is increasingly important.

In this session, you’ll gain approaches on how to leverage insight in dealing with authorities, reduce your risk and enhance compliance levels. This seminar will be your first step to untangle the complications of today’s tax and customs audits.

Speakers

• Niphan Srisukhunbowornchai
  Tax and Legal Leader, PwC Thailand
• Jareeporn Phongsuriyanunt
  Tax and Legal Director, PwC Thailand
• Tanarat Permpoonsap
  WMS Director, PwC Thailand

Session D: Bridging the gap—tax governance in the age of connectivity

Businesses are navigating an increasingly connected world, making tax governance a vital component of their broader ESG strategies. This session explores how global developments are shaping the future of tax governance. We’ll highlight key development trends from leading jurisdictions and then turn our focus to Thailand to examine the potential directions and implications for local organisations. We’ll emphasise how technology can empower tax functions to enhance efficiency, transparency and alignment with good governance. Join us to discover how insights can be transformed into action in the age of connectivity.

Speaker

• Wutinon Trisrisak
  Tax and Legal Partner, PwC Thailand

Session E: Navigating non-compliance—lessons from past tax pitfalls

The rapid evolution of Thai taxation makes it increasingly challenging for business to remain compliant and successful. This seminar dives into certain tax pitfalls that have challenged compliance, and you’ll gain insights and strategies to address these issues head-on. We’ll explore BOI and other tax compliance issues and show you how to leverage the benefits without compromising regulatory requirements. By drawing on historical lessons, attendees will be equipped to manage compliance actively and drive organisational growth amid economic changes.

Speakers

• Somboon Weerawutiwong
  Tax and Legal Partner, PwC Thailand
• Treethip Wongnongtoey
  Tax and Legal Director, PwC Thailand

Session F: Understanding the MLI impact—practical approaches for businesses

The adoption of the multilateral instruments (MLI) has made getting benefits under tax treaties increasingly complex. In this session, you’ll gain practical insights into how your business can adapt to these changes and fortify its compliance profile. We’ll also examine various countries’ practices before and after implementing MLI, highlighting viable strategies as well as those no longer permitted.

Join us to understand the MLI’s effects and equip your business with the tools to successfully navigate this complex international tax environment.

Speakers

• Sudarat Isarakul
  Tax and Legal Partner, PwC Thailand
• Tuttapong Kritiyutanont
  Tax and Legal Associate Partner, PwC Thailand
• Pimprapai Silawatshananai
  Tax and Legal Director, PwC Thailand