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.
Amortised cost measurement project
27 August 2026
Following on from its previous discussions, the IASB continued at its June 2026 meeting to work on the relationship between modification and derecognition of a financial instrument.
Post-implementation review of IFRS 16: IASB continues redeliberations
27 August 2026
At the IASB’s June 2026 meeting, it continued with the work begun in the March and April 2026 meetings to consider stakeholder feedback received on the Post-implementation Review (PiR) of IFRS 16 – Leases. This time, it looked particularly at the effects of applying IFRS 16 alongside other standards.
Appointments to IFRS Interpretations Committee
27 August 2026
At the end of June 2026, the IFRS Foundation announced that it had appointed Laura Abeni, Raymond Chamboko, José Victor Sousa and Volker Specht as new members of the IFRS Interpretations Committee (IFRS IC), for a three-year term commencing on 1 July 2026
IAS 28: amendments to the fair value option published
27 August 2026
At the end of June 2026, as planned, the International Accounting Standards Board (IASB) published targeted amendments to IAS 28 – Investments in Associates and Joint Ventures, focusing on the fair value option.
FRS 18: more submissions to IFRS IC
27 August 2026
In the run-up to the effective date of IFRS 18 on 1 January 2027, more questions regarding this standard are being submitted to the IFRS IC. After its June 2026 meeting, the Committee published seven tentative agenda decisions relating to new implementation issues, following an initial set of decisions published in April 2026.