Delay in effective date of TFRS 9, ‘Financial Instruments’

On 17 July 2018, the Federation of Accounting Professions (“FAP”) announced that the effective date for applying the new financial instruments standard, TFRS 9, has been postponed from 1 January 2018 to 1 January 2020.

Keywords: Mazars, Thailand, Accounting, TFRS 9, Financial Instruments, FAP

06 August 2018

However, the FAP has permitted early adoption for annual periods beginning on or after 1 January 2018.

For more information, please visit the FAP website