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.
Materiality: the IASB publishes two documents
As part of its Better Communication project, the IASB published two documents on materiality on 14 September 2017.
IASB proposes narrow-scope amendments to IAS 16
On 20 June 2017, the IASB published an exposure draft proposing narrow-scope amendments to IAS 16 – Property, Plant and Equipment.
IFRIC 23 - Uncertainty Over Income Tax Treatments
On 7 June, the IASB published IFRIC 23, an interpretation of IAS 12 focusing on uncertainty over income tax treatments. Here, we summarise the key points of the interpretation.
A new look for IFRS.org!
On 12 June 2017, the IASB launched its new website, still at www.ifrs.org. The new site uses state-of-the-art technology and has been designed to better align with the IASB’s key priorities.
Accounting for insurance contracts
On 18 May 2017, the IASB published IFRS 17 – Insurance Contracts. This marks the end of the last major standard-setting project of the past decade.