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.
Contracts for Renewable Electricity (PPAs and VPPAs): IASB publishes exposure draft of proposed amendments to IFRS 9 and IFRS 7
This exposure draft is structured around three themes: the rules on own-use classification,
changes to the hedge accounting requirements, and disclosures required in the notes. The comment period runs until 7 August 2024.
changes to the hedge accounting requirements, and disclosures required in the notes. The comment period runs until 7 August 2024.
10th compilation of IFRS IC agenda decisions
In early May 2024, the IFRS Foundation released the tenth compilation of IFRS Interpretations Committee (IFRS IC) agenda decisions, taken between November 2023 and April 2024.
Publication of IFRS 19
On 9 May 2024, the IASB issued IFRS 19 – Subsidiaries without Public Accountability: Disclosures.
IASB publishes amendments to IFRS 9 and IFRS 7
On 30 May 2024, the IASB published its final amendments on the classification and measurement of financial instruments, which address certain application difficulties identified by the IASB during its Post-implementation Review of IFRS 9.
Publication of IFRS 18 Presentation and Disclosure in Financial Statements
Published on 9 April 2024, IFRS 18 will replace the existing standard on the presentation of financial statements, IAS 1, and will amend several other standards, including IAS 7 Statement of Cash Flows and IAS 8 Accounting Policies, Changes in Accounting Estimates and Errors.