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.
IASB starts discussions on Statement of Cash Flows project
Following the third public consultation on its work plan for 2022-2026, the International Accounting Standards Board (IASB) decided to launch a research project on the statement of cash flows and related matters.
IASB publishes final amendments to IFRS 9 and IFRS 7 on contracts referencing nature-dependent electricity (PPAs and VPPAs)
In response to the increasingly widespread use of these contracts, the IASB published amendments to IFRS 9 and IFRS 7 at the end of last year, designed to help companies to better report their financial effects.
IASB concluded redeliberations on the proposed amendments to IFRS 9 and 7 on contracts for renewable electricity (PPAs and VPPAs)
In October, the IASB concluded the redeliberations initiated in September on the feedback received on its proposed amendments to IFRS 9 and IFRS 7 on contracts for renewable electricity – which renamed “Contracts Referencing Nature-dependent Electricity” in the last staff papers.
IASB seeks input from stakeholders on intangible assets project
At the end of October, the International Accounting Standards Board (IASB) issued a call for investors and other stakeholders to help shape its project on intangible assets.
Eleventh compilation of IFRS IC agenda decisions published
The eleventh compilation of agenda decisions taken by the IFRS Interpretations Committee (IFRS IC) between May 2024 and October 2024 was published in late October.