IFRS Adviser Alert – Annual Improvements to IFRS Accounting Standards

The International Accounting Standards Board (IASB) has published Annual Improvements to IFRS Accounting Standards – Volume 11 addressing non-urgent, but necessary, minor amendments to five Standards.

The publication is a collection of amendments to IFRS Standards discussed by the IASB during the current project cycle for annual improvements. The IASB uses the Annual Improvements process to make necessary, but non-urgent, amendments to IFRS Standards that will not be included as part of any other project.The amendments are effective from annual reporting periods beginning on or after January 1, 2026, with early application permitted.

Find out more about the improvements in the attached document.