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.
Application of IFRS 18: presentation of non-income taxes
17 December 2025
At its October 2025 meeting, the IASB looked at an application issue relating to IFRS 18 – Presentation and Disclosure in Financial Statements (which is mandatory for financial periods commencing on or after 1 January 2027)
Equity method part 2
17 December 2025
At its October 2025 meeting, the International Accounting Standards Board (IASB) continued its redeliberations on the exposure draft on the equity method of accounting under IAS 28 – Investments in Associates and Joint Ventures
Reclassification of financial instruments as debt or equity
2 December 2025
The IASB tentatively decided to retain the provisions set out in the Exposure Draft
Effect of shareholder decision-making rights on classification
2 December 2025
The IASB tentatively decided to retain the multi-factor approach for assessing whether shareholder decisions are considered entity decisions and emphasized that entities must apply judgment, as no single factor is conclusive
Statement of cash flows
2 December 2025
Following on from previous discussions, the IASB, during its September 2025 meeting, considered how to improve the disaggregation of cash flow information in the financial statements