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.
Share-based payment research project
On 31 October 2018, the IASB published a document entitled Share-based Payment — Research on Sources of Accounting Complexity on its website. This document summarises work performed and conclusions reached in the project.
IASB amends definition of “material”
As part of its Better Communication project, the IASB published amendments to IAS 1 and IAS 8 on 31 October 2018, to amend and clarify the definition of “material”.
IAS 23: IFRS IC publishes two agenda decisions
At the end of its September meeting, the IFRS IC decided to publish two agenda decisions relating to IAS 23, Borrowing Costs.
The IASB publishes its FICE discussion paper
On 25 June, the IASB a published a discussion paper presenting its current thinking on the Financial Instruments with the Characteristics of Equity project (FICE).
Second meeting of the IFRS 17 TRG
The Transition Resource Group for IFRS 17 met for the second time on 2 May. Readers will recall that the purpose of this group is to seek feedback from its members, all experts in the insurance sector, on questions submitted by various stakeholders. Following these discussions, the IASB and the IFRS IC can decide to amend the standard or to issue an interpretation, respectively.