IFRS 19 amendments announced by the International Accounting Standards Board

The International Accounting Standards Board (IASB) has released a resource to help entities understand and comply with the reduced disclosure requirements of IFRS 19, particularly those issued on August 21, 2025. This resource, available as a PDF file, aims to provide clarity and reduce the reporting burden for eligible entities.

Before delving into the details of the resource, it's essential to understand that the IFRS resource does not replace professional advice or the official IFRS standards themselves. It is intended for entities that are eligible to apply reduced disclosure requirements under IFRS 19. This eligibility was expanded to include certain subsidiaries without public accountability, following amendments issued between February 2021 and May 2024.

These amendments provide simplified disclosure requirements for these subsidiaries, aiming to reduce the reporting burden while maintaining transparency for users of financial statements. It's important to note that the IFRS resource does not apply to entities that are not eligible for reduced disclosure requirements under IFRS 19 or to public accountability entities.

When IFRS 19 was issued in May 2024, it reflected reduced disclosures for other IFRS accounting standards as at February 28, 2021. The resource covers the recognition, measurement, and presentation requirements in these other IFRS accounting standards, as these are already addressed in the original IFRS 19 standard.

The IFRS resource focuses on the amendments made to IFRS 19 on August 21, 2025. Key among these amendments is the reduction in disclosure requirements of amendments and additions to IFRS accounting standards between February 2021 and May 2024. This resource is designed to help entities understand and comply with these changes.

However, it's crucial to remember that the IFRS resource does not contain any amendments or additions to IFRS accounting standards that were made after May 2024. This resource serves as a valuable tool for entities seeking to navigate the complexities of IFRS 19 and its amendments, particularly those related to reduced disclosure requirements.

The IFRS resource is available for download as a PDF file with a size of 3 MB. It is a valuable resource for entities looking to understand and comply with the reduced disclosure requirements of IFRS 19 as it stands after the amendments made on August 21, 2025.