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.

What you should know

  • Know and apply the scope of IFRS 19.
  • Determine whether a subsidiary is eligible to apply IFRS 19.
  • Apply the recognition and measurement requirements of IFRS Accounting Standards.
  • Apply the reduced disclosure requirements permitted by IFRS 19.
  • Identify disclosures that remain necessary to meet users’ information needs.
  • Present and disclose financial statements using the IFRS 19 disclosure framework.