Beyond the GAAP no.210 - May 2026
As was the case last year, the key issues at this closing date are likely to be related to the macroeconomic environment and the uncertainties that make it harder to use judgement and make reliable estimates. In addition, as issuers prepare for the transition to IFRS 18 – the new standard on the presentation of financial statements – regulators will doubtless be paying close attention to their disclosures on the anticipated effects of application.
IFRS highlights:
- IASB publishes new standard on rate-regulated activities (IFRS 20).
- Targeted improvements to IAS 37 | IAS 37 – Provisions, Contingent Liabilities and Contingent Assets.
- IAS 28: amendments to the fair value option finalised.
- IASB extends comment period on RMA project | Risk Mitigation Accounting – Proposed amendments to IFRS 9 and IFRS 7 exposure draft.
The disclosures presented are not exhaustive as the IASB publications and its advisory bodies but intend to emphasize the main highlights.
We hope that this Forvis Mazars Newsletter will be useful, according to the reality and needs of each one, and enables to alert readers to the topics mentioned.
