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 plans to bring IAS 28 rules on contingent consideration into line with IFRS 3
At its June meeting, the IASB continued deliberations on the Equity Method project (for which the Board is planning to publish an exposure draft in 2024).
IFRS 15 PiR: IASB publishes Request for Information
On 29 June, the International Accounting Standards Board (IASB) published a Request for Information as part of the Post-implementation Review (PiR) of IFRS 15 – Revenue from Contracts with Customers.
FICE project: ongoing discussions of proposed amendments to IAS 32 and IFRS 7
In April and May 2023, the IASB continued its deliberations on the classification of financial instruments as debt or equity instruments (Financial Instruments with Characteristics of Equity, “FICE”).
Redeliberations continue on Primary Financial Statements project
At its meeting of May 2023, the IASB continued its redeliberations on the proposals set out in the General Presentation and Disclosures Exposure Draft.
Eighth compilation of IFRS IC agenda decisions
On 4 May 2023, the IFRS Foundation published the eighth compilation of IFRS IC agenda decisions taken between November 2022 and April 2023.