ASIAPEDIA
Q&A
What is the one difference between Thai Financial Reporting Standards and IFRS?
What is the one difference between Thai Financial Reporting Standards and IFRS?
The industry-specific financial instrument standards are different in IFRS and the Thai Financial Reporting Standards. However, the Thai Federation has announced two additional upcoming updates, namely the adoption of IFRS one year after its effective day and financial instrument standard that will be fully adopted effective in 2019.
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