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.
PiR IFRS 9, Phase 2 – Impairment: IASB work reaches a conclusion
Following last May’s decision to conclude the Post-implementation Review (PiR) of the impairment requirements in IFRS 9, the IASB published a report in July summarising its work and conclusions.
Exposure draft proposing to amend IFRS 19
In late July, the IASB published an exposure draft proposing to amend IFRS 19 – Subsidiaries without Public Accountability: Disclosures, published in May 2024.
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.