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 project on cash flow statements: new approaches
29 October 2025
After drawing up an initial list of topics to explore in September 2024, the IASB met last May to clarify which topics would be included in its project plan
Publication of near-final examples of climate-related uncertainties in the financial statements
29 October 2025
In late July 2025, the IFRS Foundation published a near-final draft of its illustrative examples showing how to improve the presentation of uncertainties (in particular where climate-related) in the financial statements
Appointment to the IASB
29 October 2025
At the end of August 2025, the Trustees of the IFRS Foundation announced the appointment of Yu Chen as a new member of the IASB, effective from 1 January 2026, following the departures of Ann Tarca and Jianqiao Lu
Amendments to IFRS 19
29 October 2025
In late August 2025, the International Accounting Standards Board (IASB) published amendments to IFRS 19 – Subsidiaries without public reporting obligations, which include reliefs from the disclosure requirements arising from the texts published between 28 February 2021 and 1 May 2024
Revised edition of the IASB Practice Statement on management commentary
22 August 2025
In June 2025, the IASB published a revised edition of its Practice Statement on management commentary. This supports improvements to and greater global alignment in management commentary and narrative reports accompanying the financial statements.