IFRS News
Editorial analysis of the latest IFRS, IASB and ISSB developments — exposure drafts, amendments, and sustainability reporting.
IAS 28 Balloting Begins, IFRS 9 Hedge Accounting RFI Approved
The IASB met on 22-23 September 2026 and decided to begin the balloting process for the revised IAS 28 Equity Method of Accounting without re-exposure, with one member signalling an intention to dissent. The Board also approved publication of a Request for Information on the Post-implementation Review of IFRS 9 hedge accounting, tentatively decided new IAS 7 classification guidance for acquisition-related cash payments, and advanced work on IFRS 18/IAS 12 tax presentation, amortised cost measurement, FICE, intangible assets, and IAS 37 provisions.
23 Sept 2026
IFRS 16 PIR Concludes, IFRS 18 Tax
The IASB concluded its Post-implementation Review of IFRS 16 Leases, unanimously agreeing the standard is working as intended, while opening two new narrow-scope projects on lease cost mitigation and rent concessions. Separately, the Board voted 10-2 to require entities to classify certain non-income tax charges within the income taxes line of profit or loss under IFRS 18.
22 Jul 2026
IAS 28 Ballot, Equity Method Reforms
The IASB met on 18-20 May 2026 and reached tentative decisions across six projects. The headline outcome is an accounting policy choice for gains and losses on transactions with associates under the Equity Method project, alongside withdrawal of the 2014 Sale or Contribution amendments. IAS 28 fair value option amendments are cleared for ballot and expected to be issued in mid-2026.
26 May 2026