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.
First IASB deliberations on the post-implementation review of IFRS 9, Phase 2 – Impairment
At its February 2024 meeting, the IASB began to discuss stakeholder feedback to its request for information as part of the post-implementation review of IFRS 9, Phase 2 – Impairment.
IASB redeliberates draft amendments to IFRS 9 and IFRS 7
At its February 2024 meeting, following its initial redeliberations, the IASB continued its analysis of the feedback received to the exposure draft of amendments to IFRS 9 and IFRS 7 on the classification and measurement of financial instruments.
IASB and SASB update – March 2024
In November 2023, we reported the publication of an IASB exposure draft of proposed amendments to IAS 32, IFRS 7 and IFRS 1 on the classification of financial instruments with characteristics of equity (“FICE”).
IASB deliberations on draft amendments to IFRS 9 and IFRS 7
At its meeting on 23 January 2024, following its first deliberations, the IASB continued its analysis of the feedbacks received to the Exposure Draft on Amendments to IFRS 9 and IFRS 7 on the classification and Measurement of financial instruments.
IFRS and Sustainability update
In January 2024, sustainability reporting has again dominated the news, with the provisional agreement from the European Parliament to delay Commission adoption of the next sets of ESRS (namely sector-specific ESRS and ESRS for non-EU groups) by two years, i.e. by 30 June 2026 instead of 30 June 2024 as initially indicated in the Corporate Sustainability Reporting Directive.