Changes to the Thai accounting standard for employee benefits

  • Print
  • Connect
  • Email
  • Facebook
  • Twitter
  • LinkedIn
  • Google+
By Joanne L Gyte, Danny L. Quant | 09 October 2014

Companies reporting under Thai accounting standards must implement the updated version of Thai Accounting Standard 19 (TAS19) by 1 January 2014. These changes modify how postemployment benefit obligations and risks will be reflected on a company’s financial statements. The update also requires additional footnote disclosures.

This white paper details the specific changes under the new standard and notes their potential impact on postemployment plan costs.

Authors

Featured topics