IAS 28: amendments to the fair value option published
27 August 2026
At the end of June 2026, as planned, the International Accounting Standards Board (IASB) published targeted amendments to IAS 28 – Investments in Associates and Joint Ventures, focusing on the fair value option.
The amendments specify which entities are eligible to use this option for these investments: namely, entities with a main business activity of investing in certain types of assets, as defined in paragraph 49(a) of IFRS 18.
Through these targeted amendments, the IASB is aiming to reduce differences in interpretation regarding the scope of the fair value option, without actually increasing the scope.
They are also aimed at clarifying the application of the existing requirements of IAS 28 before IFRS 18 comes into effect on 1 January 2027. They will become mandatory at the same time as IFRS 18.
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