Newly effective requirements
Effective date | New accounting standards or amendments | Articles and other resources | Insights into IFRS® |
| 1 January 2025 | Lack of Exchangeability – Amendments to IAS 21 The Effects of Changes in Foreign Exchange Rates | Article | 2.7.94, 2.7.250 |
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 | 7.4.170, 7.4.225, 7.4.320, 7.4.340, 7.4.380, 7.4.385, 7.10.230, 7.10.475 |
Settlement of financial liabilities by electronic payments | 7.4.385, 7.6.10, 7.6.60, 7.6.365 | ||
Annual Improvements to IFRS Accounting Standards – Amendments to:
| Article | 7.1.150, 7.7.20 | |
| Contracts Referencing Nature-dependent Electricity – Amendments to IFRS 9 and IFRS 7 | Article | 7.1.225, 7.1.227, 7.9.305, 7.10.677 |
Forthcoming requirements
Effective date | New accounting standards or amendments | Articles and other resources | Insights into IFRS® |
1 January 2027 | IFRS 18 Presentation and Disclosure in Financial Statements | Forthcoming requirements in chapters 1.2, 2.1, 2.2, 2.3, 2.7, 2.10, 3.1, 3.12, 3.13, 4.1, 4.1A, 4.3, 4.4, 4.5, 5.1, 5.3, 5.8, 5.9, 6.1, 7.7, 7.10A, 8.1 | |
IFRS 19 Subsidiaries without Public Accountability: Disclosures | Forthcoming requirements in chapter 1.1 | ||
| IFRS for SMES third edition* | Article | Forthcoming requirements in chapter 1.1 | |
| Translation to a Hyperinflationary Presentation Currency–Amendments to IAS 21 | Article | Forthcoming requirements in chapter 2.10 | |
| Amendments to the Fair Value Option for Investments in Associates and Joint Ventures– Amendments to IAS 28 | Article | Forthcoming requirements in chapter 3.5 | |
| 1 January 2029 | IFRS 20 Regulatory Assets and Regulatory Liabilities | Article | Future developments in chapter 3.3, 5.12, and 6.2 |
To be determined | Sale or Contribution of Assets between an Investor and its Associate or Joint Venture – Amendments to IFRS 10** |
| Forthcoming requirements in chapter 3.5 |
* The effective date is for the updated sections only.
** 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.
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