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.
Revised edition of the IASB Practice Statement on management commentary
22 August 2025
In June 2025, the IASB published a revised edition of its Practice Statement on management commentary. This supports improvements to and greater global alignment in management commentary and narrative reports accompanying the financial statements.
Post-implementation review of IFRS 16 – RFI to be published imminently
22 July 2025
In May 2025 the International Accounting Standards Board (IASB) approved the publication for public comment of the Request for Information (RFI) on the Post-implementation Review of IFRS 16.
IASB sets objectives and direction for intangible assets project
22 July 2025
At its May 2025 meeting, the IASB discussed the objectives and direction of its intangible assets project.
IASB redeliberates proposed amendments to IAS 21
22 July 2025
In May 2025 the IASB discussed feedback received on its Exposure Draft Translation to a Hyperinflationary Presentation Currency. The discussions focused on the project direction, the proposed translation method, the disclosure requirements and the applicable rules when an economy ceases to be hyperinflationary.
12th compilation of IFRS IC agenda decisions published
22 July 2025
The 12th Compilation of Agenda Decisions taken by the IFRS IC between November 2024 and April 2025 has been published.