IASB completes updates to IFRS 19
The International Accounting Standards Board (IASB) has finalised amendments to IFRS 19 Subsidiaries without Public Accountability: Disclosures. This completes the catch-up work needed to bring the Standard in line with recent developments in IFRS Accounting Standards
The changes mean eligible subsidiaries can now apply reduced disclosure requirements consistently across the full set of relevant Standards, offering a clearer and more streamlined reporting option. Importantly, future updates to IFRS 19 will be made automatically whenever the IASB issues or revises Standards, ensuring it stays current without the need for further catch-up rounds
This closes the loop on the initial rollout of IFRS 19 and gives subsidiaries a more stable framework for lighter but reliable reporting.
Read the IASB announcement here.
