In depth—New IFRSs for 2026

September 2026

Since August 2025 when our New IFRSs for 2025 was published, the IASB has issued the following:

• IFRS 20, ‘Regulatory Assets and Regulatory Liabilities’
• Amendments to IFRS 19: Subsidiaries without Public Accountability: Disclosures
• Amendments to IAS 21: Translation to a Hyperinflationary Presentation Currency
• Amendments to IAS 28: Fair value option for investments in associates and joint ventures
• Amendments to illustrative examples: Disclosures about uncertainties in the financial statements
• IFRIC Agenda decision on IFRS 9, IFRS 16, IFRS 18 and IAS 1

In the sustainability front, there has been a number of development since late 2025:

• the International Sustainability Standards Board (ISSB) issued targeted amendments to IFRS S2 to alleviate practical challenges faced by companies
• the Ministry of Finance (MoF) released the Enterprise Sustainability Disclosure Standard No. 1—Climate (Trial)
• the Accounting and Financial Reporting Council (AFRC) launched a public consultation on a proposed regulatory framework for sustainability assurance in Hong Kong. The proposed assurance requirements will potentially impact those companies (including listed companies) which are required to disclose sustainability information in accordance with the Hong Kong Sustainability Disclosure Standards issued by the Hong Kong Institute of Certified Public Accountants (HKICPA)

This publication is designed to be used by preparers, users and auditors of financial statements under IFRS standards. It includes a quick reference table of each standard/amendment/IFRIC Agenda Decision, including the effective date and whether early adoption is permitted. The publication gives an overview of the impact of the changes, which may be significant for some entities, helping companies understand if they will be affected and to begin their considerations. It will help entities plan more effectively by flagging up where new processes and systems or more guidance may be needed.