IFRS 19: Difference between revisions

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International Financial Reporting Standard 18, dealing with presentation and disclosure in financial statements.
International Financial Reporting Standard 19, dealing with Subsidiaries without Public Accountability: Disclosures.


IFRS 18 includes requirements for all entities applying IFRS for the presentation and disclosure of information in financial statements.
IFRS 19 specifies reduced disclosure requirements that an eligible entity is permitted to apply instead of the disclosure requirements in other IFRS Accounting Standards.  


IFRS 19 was issued in May 2024 and applies to an annual reporting period beginning on or after 1 January 2027.


IFRS 18 is compulsory for annual reporting periods beginning on or after 1 January 2027.
''(Source: Deloitte, IASPlus.)''
 
It replaces IAS 1.
 
 
Companies and other reporting entities may apply IFRS 18 sooner if they choose to do so.




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Revision as of 15:36, 29 January 2026

International Financial Reporting Standard 19, dealing with Subsidiaries without Public Accountability: Disclosures.

IFRS 19 specifies reduced disclosure requirements that an eligible entity is permitted to apply instead of the disclosure requirements in other IFRS Accounting Standards.

IFRS 19 was issued in May 2024 and applies to an annual reporting period beginning on or after 1 January 2027.

(Source: Deloitte, IASPlus.)


See also

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