Insights

Around the world, organisations are discovering the benefits of putting people at the centre of their plans and processes. There can hardly be an industry where people matter more than government.

Cross-border merger and acquisition opportunities are increasing as healthy company financials in many economies drive an appetite for deals. However, while cross-border transactions can generate new market opportunities, they often bring heightened risk and a range of challenges.

IFRS News is your quarterly update on all things relating to International Financial Reporting Standards.

GPPC releases Considerations for the Audit of Expected Credit Losses. This Paper is addressed to the audit committees of systemically important financial institutions. It represents the consensus views of the GPPC members regarding key considerations for auditors of globally systemically important banks.

The International Accounting Standards Board (IASB) has published amendments to IFRS 9 ‘Financial Instruments’ that allow companies to measure particular prepayable financial assets with negative compensation at amortised cost or at fair value through other comprehensive income—instead of measuring those assets at fair value through profit or loss

The International Accounting Standards Board (IASB) has published amendments to IAS 28 ‘Investments in Associates and Joint Ventures’ clarifying that companies account for long-term interests in an associate or joint venture—to which the equity method is not applied—using IFRS 9 ‘Financial Instruments’.

Every business, every day, generates an incredible amount of data. The easiest and cheapest way to store all this information is to adopt the ‘landfill’ model of keeping everything and moving as much of it as possible to the cloud. But we find that many are doing this without even trying to keep track of what they have.

IFRS 10 was issued in May 2011, and was part of a package of changes addressing different levels of involvement with other entities. IFRS 10 redefines ‘control’ and provides extensive guidance on applying the definition.

Globally, one in four senior roles is now held by a woman. This is a slight increase from last year. But the proportion of businesses with no women in senior leadership positions has also risen. Once again, developing countries are leading the charge on diversity, with many major economies continuing to lag behind.

Union Budget 2017-18 presented today reinforces government’s intent to bring about key reforms and focus on rural development.

Reduced tax liabilities and burden for individual taxpayers; Thailand as the 139th member of the Global Forum on Transparency & Exchange on Information for Tax Purposes.

To abolish modern slavery businesses need to find their voice, go beyond compliance and collaborate more.

This guide has been prepared for the assistance of those interested in doing business in Thailand. It does not cover the subject exhaustively but is intended to answer some of the important, broad questions that may arise.

This report provides an analysis of Grant Thornton in Thailand’s annual hotel industry survey. The survey looks specifically at 4 and 5 star hotels in Thailand and was conducted in April and May 2016.