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.
Appointment of the Chair of the IFRS Advisory Council
On 18 February 2025, the IFRS Foundation Trustees announced the appointment of Merran Kelsall AO as Chair of the IFRS Advisory Council, the body providing strategic support and advice to the IFRS Foundation.
Appointment of a Trustee of the IFRS Foundation
On 3 March 2025, the IFRS Foundation announced the appointment of Rowena Chu as a new Trustee. Her appointment is effective immediately for a term ending 31 December 2027.
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.