Terms of Use for Users

       1.    The IFRS Foundation and the Thailand Federation of Accounting Professions grant users of standards (Users) the permission to reproduce or use standards (Materials) for  
              1.1    the User’s Professional Use, or  
              1.2    private study and education 
       2.    Professional Use means use of the Materials in the User’s professional capacity in connection with the business of providing accounting services for the purpose of application of the Materials for preparation of financial statements and/or financial statement analysis to the User’s clients or to the business in which the User is engaged as an accountant. 
      3.    For the avoidance of doubt, the abovementioned usage does not include any kind of activities that:  
             3.1    make commercial use of the Materials other than direct or indirect application of the Materials, such as but not limited to commercial seminars, conferences, commercial training or similar events; or
             3.2    make use of any artificial intelligence (AI) tools, machine learning algorithms, or other automated technologies (AI Models) to analyse, process, or generate content based on or through the use of the Materials, including but not limited to, using the Materials to (i) train AI Models (ii) for any form of automated content generation and (iii) as input to an AI system, as a prompt, request, question, instruction or similar. 
      4.    For any application that falls outside Professional Use, Users shall be obliged to contact the Thailand Federation of Accounting Professions and the IFRS Foundation for a separate individual license under terms and conditions to be mutually agreed.  
       5.    Except as otherwise expressly permitted in this notice, Users shall not, without prior written permission of the Thailand Federation of Accounting Professions and the IFRS Foundation, have the right to license, sublicense, transmit, transfer, sell, rent, or otherwise distribute any portion of the Materials to third parties in any form or by any means, whether electronic, mechanical or otherwise either currently known or yet to be invented. 
       6.    Users are not permitted to modify or make alterations, additions or amendments to or create any derivative works from the Materials, save as otherwise expressly permitted in this notice.  
       7.    For further details about licensing the IFRS Foundation’s intellectual property please contact [email protected].