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.
IFRS IC consultation on the classification of foreign exchange differences from intragroup loans and borrowings under IFRS 18
2 December 2025
Paragraph B65 of IFRS 18, effective from 1 January 2027, states that foreign exchange differences must be included in the same category (operating, investment or financing) as the income and expenses from the items that gave rise to these differences
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
Equity method part 1
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
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
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