Contributions from Ernst & Young LLP

IFRS Developments

IFRS Developments announces significant decisions on topics that have a broad audience, application or appeal. These summarise, generally in four pages, IASB and IFRS Interpretations Committee discussion papers, exposure drafts, final standards or interpretations to provide a high-level overview of the requirements.

2025

Issue 241 The IASB issues Amendments to IFRS 19

Issue 240 IASB releases the near-final draft of their climate-related illustrative examples

Issue 239 IFRS Practice Statement 1 Management Commentary (Revised)

Issue 238 IFRS accounting impacts of tariffs

Issue 237 IASB Request for Information for Post-implementation Review of IFRS 16

Issue 236 Hyperinflationary economies (updated May 2025)

Issue 235 IASB issues third edition of IFRS for SMEs accounting standard

Issue 234 Nature-dependent electricity - IFRS 9 and IFRS 7 amendments

2024

Issue 233 IASB proposes amendments to requirements for non-financial liabilities (IAS 37)

Issue 232 Hyperinflationary economies (updated October 2024)

Issue 231 IASB proposes amendments to the equity method of accounting

Issue 230 IASB proposes examples of climate-related and other uncertainties

Issue 229 IASB issues narrow scope amendments to IFRS accounting standards

Issue 228 Amendments to classification and measurement of financial instruments

Issue 227 Proposed amendments to IFRS 9 and IFRS 7 - renewable energy contracts

Issue 226 The International Accounting Standards Board (IASB) issues IFRS 19 Subsidiaries without Public Accountability: Disclosures

Issue 225 Hyperinflationary economies (updated May 2024)

Issue 224 IASB ends project on business combinations under common control

Issue 223 IASB issues IFRS 18 Presentation and Disclosure in Financial Statements

Issue 222 IASB proposes amendments to IFRS 3 and IAS 36

Applying IFRS

Longer and more detailed than IFRS Developments, Applying IFRS provides analyses of proposals, standards or interpretations and discussion of how to apply them.

Applying IFRS - A closer look at IFRS 18 (updated July 2025)

Applying IFRS - Introduction to IFRS S1 and IFRS S2 (updated June 2025)

Applying IFRS - Connected financial reporting: Accounting for climate change (May 2025)

Applying IFRS - Amendments to classification and measurement of financial instruments

Applying IFRS – A closer look at IFRS 18

Applying IFRS - International Tax Reform - Pillar Two disclosures in practice

Applying IFRS - Connected Financial Reporting: Accounting for Climate Change (Updated May 2024)

Applying IFRS - Accounting considerations related to geopolitical events and uncertainty (May 2024)

Applying IFRS - Accounting for payments from suppliers