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.
FICE project
2 December 2025
At its September 2025 meeting, the IASB continued its discussions on the Exposure Draft Financial Instruments with Characteristics of Equity (FICE) and reached a number of tentative decisions concerning
Equity method
2 December 2025
At its September 2025 meeting, the IASB began to redeliberate the proposals in the exposure draft published last year on the equity method of accounting under IAS 28 – Investments in Associates and Joint Ventures
Targeted improvement to IAS 37
2 December 2025
Readers will recall that in November 2024, the International Accounting Standards Board (IASB) published an exposure draft setting out a number of targeted improvements to IAS 37 – Provisions, Contingent Liabilities and Contingent Assets
IPTF publishes document for discussion on hyperinflationary economies
29 October 2025
During July 2025, the International Practices Task Force (IPTF) at the Center for Audit Quality’s SEC Regulations Committee updated its working document listing countries that are considered to have hyperinflationary economies
IFRS 18: IFRS IC proposes to update 10 agenda
29 October 2025
With the upcoming implementation of IFRS 18, the IFRS Interpretations Committee (IFRS IC) has proposed to replace references to IAS 1 in nine agenda decisions with references to IFRS 18, the new standard for the presentation of financial statements