Another one! IASB releases a new standard, IFRS 19
Hot on the heels of IFRS 18 Presentation and Disclosure in Financial Statements, the IASB has released the next standard in the IFRS series. IFRS 19 Subsidiaries without Public Accountability: Disclosures was officially published on 9 May 2024 and is set to be a game changer for certain entities as the standard-setting body continues to realise its objective to limit financial statements to what is relevant for primary users of financial statements.