IFRS Section - Doing Business
You will find here a series of summaries providing an overview of useful IFRS regulations, processes and IFRS issues for Doing Business in Thailand.
IFRS Foundation publishes guide to “climate-first” approach
On 30 January 2025, the IFRS Foundation published a guide to help companies with practical implementation of the “climate-first” approach proposed by the International Sustainability Standards Board (ISSB).
IFRS Foundation (re-)appoints Trustees
On 9 January 2025, the IFRS Foundation announced the appointment of Sheila Alrowaily, Shixin Chen and Assietou Diouf, who bring expertise and experience in the Middle East, Asia and Africa respectively.
Classification of Cash Flows related to Variation Margin Calls on “Collateralised-to-market” Contracts (IAS 7)
IASB approved, at the January 2025 meeting, the decision taken in November 2024 by the IFRS Interpretations Committee (IFRS IC) on the application of IAS 7 to the classification of cash flows related to variation margin calls on “collateralized-to-market” contracts in the statement of cash flows.
IASB starts discussions on Statement of Cash Flows project
Following the third public consultation on its work plan for 2022-2026, the International Accounting Standards Board (IASB) decided to launch a research project on the statement of cash flows and related matters.
IASB publishes final amendments to IFRS 9 and IFRS 7 on contracts referencing nature-dependent electricity (PPAs and VPPAs)
In response to the increasingly widespread use of these contracts, the IASB published amendments to IFRS 9 and IFRS 7 at the end of last year, designed to help companies to better report their financial effects.