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.
Redeliberations continue on Goodwill and Impairment project
At its March 2023 meeting, the IASB continued its discussions on the Goodwill and Impairment project. In particular, the IASB examined:
Redeliberations on the Primary Financial Statements project
At its meeting of March 2023, the IASB continued its redeliberations on the proposals set out in the General Presentation and Disclosures Exposure Draft.
Goodwill and Impairment project: disclosures on strategically important business combinations
At its February 2023 meeting, the IASB continued redeliberations on the Disclosures, Goodwill and Impairment Discussion Paper, focusing particularly on the disclosures required on strategically important business combinations.
Proposed amendments to IAS 7 and IFRS 7 on Supplier Finance Arrangements
At its February 2023 meeting, the IASB continued its redeliberations on the Supplier Finance Arrangements project, which, as readers may remember, is proposing additional disclosure requirements in the notes.
Post-implementation Review of IFRS 9 – Impairment
In the second half of 2022, the IASB launched the second phase of its Post-implementation Review (PIR) of IFRS 9 – Impairment, which focuses on the principles for recognising expected credit losses. Readers will remember that the first phase of the PIR of IFRS 9 ended in December 2022 with the publication of a feedback statement.