Newly effective IFRS® Accounting Standards

Newly effective requirements

Effective date	New standards or amendments	Article and other resources	Insights into IFRS
1 January 2024	Lease Liability in a Sale and Leaseback – Amendments to IFRS 16 Leases	IFRS 16 topic page	5.1.595
	Classification of liabilities as Current or Non-Current and Non-current Liabilities with Covenants – Amendments to IAS 1 Presentation of Financial Statements	Article	3.1.40, 7.10.50
	Amendments to IAS 7 Statement of Cash Flows and IFRS 7 Financial Instruments: Disclosures – Supplier Finance Arrangements	Article	2.3.193, 7.10.655
1 January 2025	Lack of Exchangeability – Amendments to IAS 21 The Effects of Changes in Foreign Exchange Rates	Article	Forthcoming requirements in chapter 2.7

Forthcoming requirements

Effective date	New standards or amendments	Article and other resources	Insights into IFRS
1 January 2026	Amendments to the Classification and Measurement of Financial Instruments – Amendments to IFRS 9 Financial Instruments and IFRS 7 Financial Instruments: Disclosures	Financial assets with ESG-linked features Article Settlement of financial liabilities by electronic payments Article	7.4.175.10, 7.4.295, 7.4.335, 7.4.372, 7.4.385, 7.6.15, 7.6.65, 7.6.365, 7.10.235, 7.10.357, 7.11.260
	Annual Improvements to IFRS Accounting Standards – Amendments to: IFRS 1 First-time Adoption of International Financial Reporting Standards; IFRS 7 Financial Instruments: Disclosures and its accompanying Guidance on implementing IFRS 7; IFRS 9 Financial Instruments; IFRS 10 Consolidated Financial Statements; and IAS 7 Statement of Cash flows	Article	7.7.550
	Contracts Referencing Nature-dependent Electricity – Amendments to IFRS 9 and IFRS 7	Article	7.1.280, 7.9.1290, 7.10.760
1 January 2027	IFRS 18 Presentation and Disclosure in Financial Statements	Article Talkbook First Impressions	Forthcoming requirements in chapters 1.2, 2.1, 2.3, 3.1, 4.1, 5.8, 5.9, 7.10
1 January 2027	IFRS 19 Subsidiaries without Public Accountability: Disclosures	Article	Forthcoming requirements in chapter 1.1
To be determined	Sale or Contribution of Assets between an Investor and its Associate or Joint Venture – Amendments to IFRS 10 Consolidated Financial Statements and IAS 28 Investments in Associates and Joint Ventures^*

^* The effective date for these amendments was deferred indefinitely. Early adoption continues to be permitted.

For helpful, up-to-date guidance on the key aspects of financial reporting, including all of the most recent developments in IFRS^® Accounting Standards, see our publication Insights into IFRS.

Newly effective IFRS® Accounting Standards

Newly effective requirements

Forthcoming requirements

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