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.
Redeliberations continue on Primary Financial Statements project
At its January 2023 meeting, the International Accounting Standards Board (IASB) discussed the feedback from roundtable meetings held between September and November 2022 to gather stakeholder opinions on a number of tentative decisions.
Appointment or re-appointment of IFRS Foundation Trustees
On 21 December 2022, the IFRS Foundation announced the appointment or re-appointment of several Trustees.
Appointment of Linda Mezon-Hutter as IASB Vice-Chair
On 19 December 2022, the IFRS Foundation’s trustees appointed Linda Mezon-Hutter as Vice-Chair of the IASB with effect from 1 January 2023.
IPTF publishes working document on hyperinflationary economies
On 7 January 2023, the International Practices Task Force (IPTF) of the Center for Audit Quality’s SEC Regulations Committee updated its discussion document identifying countries that are considered to have hyperinflationary economies.
FICE project: proposed amendment to IFRS 7 on financial instruments issued within the scope of IAS 32
In December 2022, the International Accounting Standards Board (IASB) continued to discuss the classification of financial instruments as debts or equity (Financial Instruments with Characteristics of Equity or FICE).