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.
Goodwill and Impairment project: disclosures on strategically important business combinations
At its February 2023 meeting, the IASB continued redeliberations on the Disclosures, Goodwill and Impairment Discussion Paper, focusing particularly on the disclosures required on strategically important business combinations.
Proposed amendments to IAS 7 and IFRS 7 on Supplier Finance Arrangements
At its February 2023 meeting, the IASB continued its redeliberations on the Supplier Finance Arrangements project, which, as readers may remember, is proposing additional disclosure requirements in the notes.
Post-implementation Review of IFRS 9 – Impairment
In the second half of 2022, the IASB launched the second phase of its Post-implementation Review (PIR) of IFRS 9 – Impairment, which focuses on the principles for recognising expected credit losses. Readers will remember that the first phase of the PIR of IFRS 9 ended in December 2022 with the publication of a feedback statement.
IASB Update – February 2023
At its monthly meeting in February 2023, the IASB continued its discussions on the Financial Instruments with Characteristics of Equity project (FICE) and reached a number of tentative decisions, which we discuss in detail in this issue.
OECD Pillar Two: IASB publishes proposed amendments to IAS 12
In January 2023 the IASB published an exposure draft to amend IAS 12