Experiments on the combustion characteristics of untreated wood specimens and also treated ones with boric acid and ammonium pentaborate were carried out using a cone calorimeter according to ISO 5660-1 standard. As a result, comparing to untreated specimen, the fire performance index (FPI) of the specimens treated with boron compounds increased by 1.2 to 2.1 times and the fire growth index (FGI) increased by 1.6 to 8.4%. Also, total smoke release rate (TSR) was 9.0 to 28.3% lower than that of the untreated specimen. It is understood that the test specimens treated with the boron compound produces a carbonized layer with a flame retarding effect. The highest CO concentration, 0.01112%, for the untreated specimen was observed at 418 s, but the specimens treated with boron compound decreased 13.2 to 37.5% compared to untreated specimen. Therefore, wood treated with boron compounds is expected to have lower fire hazards and risks.