Beyond the GAAP no. 212 – July-August 2026

The summer of 2026 begins with a packed IFRS agenda, featuring a number of major IASB initiatives: the withdrawal of the agenda decision on reverse factoring; a draft amendment to IFRS 18 on the presentation of certain tax expenses; the completion of the post-implementation review of IFRS 16; and preparations for the post-implementation review of IFRS 9 on hedge accounting. Aside from their technical nature, these developments confirm the focus on the readability of financial statements, the consistency of classifications and the costs of implementing the standards.