Beyond the GAAP editions

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.

As we approach the half-yearly closing of accounts for 2026, Beyond the GAAP presents our traditional overview of the standards and interpretations published by the IASB. We highlight those texts that are now mandatory and those for which early application is permitted at this closing date.