A list of new standards in ifrs
Here is a list of new standards and amendments issued by the International Accounting Standards Board (IASB) in recent years, which are applicable to International Financial Reporting Standards (IFRS):
2022
- IFRS 17 Insurance Contracts (effective for annual periods beginning on or after January 1, 2023)
- IFRS 16 Leases (amendment) - COVID-19-Related Rent Concessions (effective for annual periods beginning on or after January 1, 2022)
- IFRS 9 Financial Instruments (amendment) - Interest Rate Benchmark Reform (effective for annual periods beginning on or after January 1, 2022)
2021
- IFRS 17 Insurance Contracts (amendment) - Premium Allocation Back to Policy Years (effective for annual periods beginning on or after January 1, 2022)
- IFRS 16 Leases (amendment) - COVID-19-Related Rent Concessions (effective for annual periods beginning on or after January 1, 2022)
- IFRS 9 Financial Instruments (amendment) - Interest Rate Benchmark Reform (effective for annual periods beginning on or after January 1, 2022)
2020
- IFRS 16 Leases (effective for annual periods beginning on or after January 1, 2022)
- IFRS 9 Financial Instruments (amendment) - Interest Rate Benchmark Reform (effective for annual periods beginning on or after January 1, 2020)
- IFRS 17 Insurance Contracts (effective for annual periods beginning on or after January 1, 2023)
2019
- IFRS 16 Leases (effective for annual periods beginning on or after January 1, 2022)
- IFRS 17 Insurance Contracts (effective for annual periods beginning on or after January 1, 2023)
- IFRS 9 Financial Instruments (amendment) - Interest Rate Benchmark Reform (effective for annual periods beginning on or after January 1, 2020)
2018
- IFRS 9 Financial Instruments (effective for annual periods beginning on or after January 1, 2018)
- IFRS 15 Revenue from Contracts with Customers (effective for annual periods beginning on or after January 1, 2018)
- IFRS 16 Leases (effective for annual periods beginning on or after January 1, 2022)
2017
- IFRS 9 Financial Instruments (effective for annual periods beginning on or after January 1, 2018)
- IFRS 15 Revenue from Contracts with Customers (effective for annual periods beginning on or after January 1, 2018)
2016
- IFRS 16 Leases (effective for annual periods beginning on or after January 1, 2022)
- IFRS 9 Financial Instruments (effective for annual periods beginning on or after January 1, 2018)
Please note that the effective dates for these standards may vary depending on the jurisdiction and the type of entity. It's always best to check with the relevant regulatory body or professional accounting organization for the most up-to-date information.