IFRS News
Editorial analysis of the latest IFRS, IASB and ISSB developments — exposure drafts, amendments, and sustainability reporting.
IASB Extends Comment Period on Risk Mitigation Accounting Exposure Draft
The IASB has extended the comment deadline on its Exposure Draft proposing a new Risk Mitigation Accounting model under IFRS 9. The ED introduces an alternative accounting approach for entities that manage interest rate risk on a portfolio basis using derivatives. Finance teams with significant hedging programmes should prioritise reviewing the proposals before the revised deadline.
19 May 2026
IASB Proposes to Extend Consolidation Exception for Eligible SMEs
The IASB has issued an Exposure Draft proposing targeted amendments to the IFRS for SMEs Accounting Standard that would broaden the consolidation exception. SMEs meeting specified criteria could be exempt from preparing consolidated financial statements, reducing reporting burden for qualifying entities. Stakeholders are invited to submit comments before the deadline.
12 May 2026