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.
Exposure draft Translation to a Hyperinflationary Introduction Currency
In late July, the IASB published an exposure draft proposing to amend IAS 21.
Exposure draft Climate-related and Other Uncertainties in the Financial Statements
At the end of July, the IASB published an exposure draft offering eight examples illustrating the application of current IFRSs to the presentation of the effects of climate-related and other uncertainties in financial statements
Improvements to IFRSs – Volume 11
In July, the International Accounting Standards Board (IASB) published volume 11 of the Annual Improvements to IFRS. We have summarised the content of these limited-scope amendments.
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.