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.
IAS 28 exposure draft: clarifying eligibility for the fair value option
27 April 2026
In February 2026, the International Accounting Standards Board (IASB) published an exposure draft proposing narrow-scope amendments to IAS 28 – Investments in Associates and Joint Ventures. It aims to clarify which entities are eligible to use the fair value option for these investments
Targeted improvements to IAS 37
27 April 2026
Readers will remember that, in November 2024, the IASB published an exposure draft proposing targeted improvements to IAS 37 – Provisions, Contingent Liabilities and Contingent Assets
Amortised Cost Measurement project
27 April 2026
At its February 2026 meeting, the IASB discussed the concept of modification of financial instruments (assets or liabilities), as part of the Amortised Cost Measurement project that began in 2024
Post-Implementation Review of IFRS 9 – Hedge Accounting begins
27 April 2026
At its February 2026 meeting, the IASB examined the objectives, activities and timeline for the preparatory phase of the PiR of IFRS 9 – Hedge Accounting. It has not yet reached any decisions
Appointments to the IFRS Advisory Council
17 March 2026
On 14 January 2026, the Trustees of the IFRS Foundation announced the appointment and reappointment of IFRS Advisory Council members.