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IFRS 19 – Subsidiaries without Public Accountability: Disclosures

IFRS 19 – Subsidiaries without Public Accountability: Disclosures

During May 2024, The International Accounting Standard Board (IASB) issued a new IFRS Accounting Standard for subsidiaries. IFRS 19 – Subsidiaries without Public Accountability: Disclosures permits eligible subsidiaries to use IFRS Accounting Standards with reduced disclosures. Subsidiaries are eligible to apply IFRS 19 if they do not have public accountability and their parent company applies IFRS Accounting Standards in their consolidated financial statements.

IFRS 19 can be accessed via the IFRS Standards Navigator. You need to be logged onto the SAICA website to access the IFRS Standards Navigator.

SAICA Events

IFRS 19 – Subsidiaries without Public Accountability: Disclosures

IASB resources

News

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Title

Date published

1.

IASB simplifies financial reporting for eligible subsidiary companies with new IFRS Accounting Standard

9 May 2024

Educational webcasts and webinars

No

Document

Date published

1.

Webcast: Implementing IFRS 19 – Insights from Global Preparers and IASB members

22 July 2024

Educational materials

No

Document

Date published

1.

Video: Introducing IFRS 19

9 May 2024

2.

Effects Analysis: IFRS 19 Subsidiaries without Public Accountability: Disclosures

9 May 2024

3.

Project Summary and Feedback Statement: Disclosure Initiative —Subsidiaries without Public Accountability: Disclosures

9 May 2024

4.

Guidance for developing and drafting disclosure requirements in IFRS Accounting Standards

9 May 2024