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About
IFRS 19 is effective for annual reporting periods on or after 1 January 2027, with earlier application permitted.
The objective of IFRS 19 is to specify the disclosure requirements an entity is permitted to apply instead of the disclosure requirements in other IFRS Accounting Standards. An entity electing to apply this Standard applies the requirements in other IFRS Accounting Standards, except for the disclosure requirements. Instead, the entity applies the requirements in this Standard.
Standard history
In May 2024, the International Accounting Standards Board issued IFRS 19 Subsidiaries without Public Accountability: Disclosures. IFRS 19 permits some subsidiaries to apply IFRS Accounting Standards with reduced disclosure requirements. These entities apply the requirements in other IFRS Accounting Standards except for the disclosure requirements. Instead, these entities apply the requirements in IFRS 19.
Other Standards have made minor consequential amendments to IFRS 19, including Amendments to the Classification and Measurement of Financial Instruments (issued May 2024) and Contracts Referencing Nature-dependent Electricity (issued December 2024).
