Page 98 - PEA_AnnualReport_2016

2.2 Thai Accounting Standards, Thai Financial Reporting Standards, Thai Standing Interpretations and Thai
Financial Reporting Interpretations are announced in Government Gazette as follows :
2.2.1 Effective for the current accounting period
rovincial lectricity uthority has applied Thai accounting standards, Thai fnancial reporting
standards, Thai standing interpretations and Thai fnancial reporting interpretations, which are newly issued and
revised by FAP which are effective for accounting periods beginning on or after January 1, 2016 onward. The
management of rovincial lectricity uthority determined that the applications will not have signifcant impacts
on accounting policies and the fnancial statements of rovincial lectricity uthority and its subsidiary.
2.2.2 Effective for accounting periods beginning on or after January 1, 2017 are as follows :

Thai Accounting Standards Title
No.1 (revised 2016) Presentation of Financial Statements
No.2 (revised 2016) Inventories
No.7 (revised 2016) Statement of Cash Flows
No.8 (revised 2016) Accounting Policies, Changes in Accounting Estimates and Errors
No.10 (revised 2016) Events after the Reporting Period
No.11 (revised 2016) Construction Contracts
No.12 (revised 2016) Income Taxes
No.16 (revised 2016) Property, Plant and Equipment
No.17 (revised 2016) Leases
No.18 (revised 2016) Revenue
o.19 (revised 2016) mployee enefts
No.20 (revised 2016) Accounting for Government Grants and Disclosure of
Government Assistance

No.21 (revised 2016) The Effects of Changes in Foreign Exchange Rates
No.23 (revised 2016) Borrowing Costs
No.24 (revised 2016) Related Party Disclosures
o.26 (revised 2016) ccounting and eporting by etirement eneft lans

No.27 (revised 2016) Separate Financial Statements
No.28 (revised 2016) Investment in Associates and Joint Ventures
o.29 (revised 2016) inancial eporting in yperinfationary conomies
No.33 (revised 2016) Earnings per Share
No.34 (revised 2016) Interim Financial Reporting
No.36 (revised 2016) Impairment of Assets
No.37 (revised 2016) Provisions, Contingent Liabilities and Contingent Assets
No.38 (revised 2016) Intangible Assets
No.40 (revised 2016) Investment Property
No.41 (revised 2016) Agriculture
No.104 (revised 2016) Accounting for Troubled Debt Restructurings
No.105 (revised 2016) Accounting for Investments in Debt and Equity Securities
No.107 (revised 2016) Financial Instruments Disclosure and Presentation

98 SMART PEA
Annual Report 2016 Provincial Electricity Authority