Beyond the GAAP no. 206 - 2026
ServicesAudit & assuranceCorporate reportingAudit & accounting advisoryInternational Forvis Mazars newsletters
Beyond the GAAP no. 206 - 2026
24 February 2026
Last month, the IASB approved updates to six agenda decisions of the
IFRS IC, a move made necessary by the application of IFRS 18 as of 1 January 2027, which will replace IAS 1. Regarding the Committee’s recommendation to withdraw the Agenda Decision “Supply Chain Financing
Arrangements—Reverse Factoring”, the IASB decided to defer its decision, and will undertake targeted outreach to identify any specific accounting matters that might arise from withdrawal of the Agenda Decision.
IFRS IC, a move made necessary by the application of IFRS 18 as of 1 January 2027, which will replace IAS 1. Regarding the Committee’s recommendation to withdraw the Agenda Decision “Supply Chain Financing
Arrangements—Reverse Factoring”, the IASB decided to defer its decision, and will undertake targeted outreach to identify any specific accounting matters that might arise from withdrawal of the Agenda Decision.
Last month, the IASB approved updates to six agenda decisions of the IFRS IC, a move made necessary by the application of IFRS 18 as of 1 January 2027, which will replace IAS 1. Regarding the Committee’s recommendation to withdraw the Agenda Decision “Supply Chain Financing Arrangements—Reverse Factoring”, the IASB decided to defer its decision, and will undertake targeted outreach to identify any specific accounting matters that might arise from withdrawal of the Agenda Decision.
Want to know more?
