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.
Discussion Paper on business combinations under common control
On 30 November 2020, the IASB published a Discussion Paper on Business Combinations under Common Control (BCUCC), focusing on mergers and acquisitions involving entities within the same group.
ESMA publishes recommendations for 2020 financial reporting
On 28 October, the European Securities and Markets Authority (‘ESMA’) published its recommendations for 2020 financial reporting on its website.
Global sustainability and the role of the IFRS
On 30 September 2020, aware of the heightened importance of sustainability reporting and the associated challenges, including comparability, the IFRS Foundation Trustees launched a public consultation on the need for global sustainability standards and the role that the Foundation might play in their development.
Tentative IFRS IC decision on a sale and leaseback
The Committee received a request about the applicability of IFRS 16 requirements to a transaction in which an entity sells its equity interest in a subsidiary that holds a single asset and then leases that asset back.
The EU standardises non-financial reporting
In early 2020, the European Commission announced its intention of presenting a renewed sustainable finance strategy, aimed at strengthening the means employed to meet Europe's climate commitments that are intended to make Europe the first carbon-neutral continent by 2050.