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 18: IASB confirms update to six agenda decisions
17 March 2026
In light of the upcoming implementation of IFRS 18, the IFRS Interpretations Committee (IFRS IC) proposed replacing references to IAS 1 with references to IFRS 18 in nine of its agenda decisions.
IPTF publishes document for discussion on hyperinflationary economies
17 March 2026
During January 2026, the International Practices Task Force (IPTF) at the Centre for Audit Quality’s SEC Regulations Committee updated its working document listing countries that are considered to have hyperinflationary economies.
IAS 28: future amendments to the Fair Value Option
11 February 2026
At its December 2025 meeting, the IASB considered proposals to clarify the scope of the fair value option set out in paragraph 18 of IAS 28 Investments in Associates and Joint Ventures
IFRS Foundation appoints new Trustees
11 February 2026
On 17 December 2025, the IFRS Foundation announced the appointment of two new Trustees: Joong-Kyung Choi and Yaprak Baltacioglu, who succeed Sukjoon Lee and Maria Theofilaktidis respectively
IASB publishes an exposure draft on accounting for dynamic interest rate risk management activities
11 February 2026
The exposure draft Risk Mitigation Accounting – Proposed Amendments to IFRS 9 and IFRS 7, published by the IASB in early December 2025, proposes to introduce a new accounting approach to reflect dynamic interest rate risk management activities in the financial statements