New IFRS Interpretations Committee agenda decisions
Read four new agenda decisions relating to IFRS 18 Presentation and Disclosure in Financial Statements on our NZ IFRS 18 webpage here. The agenda decisions cover the following topics:
The scope of the requirement to disclose expenses by nature.
Classifying foreign exchange differences from an intragroup monetary liability (or asset).
Classifying gains and losses on a derivative managing a foreign currency exposure.
Assessing a specified main business activity for the purposes of the separate financial statements of a parent.
A further two new agenda decisions are available on our website here. The agenda decisions cover the following topics:
Evaluating fair presentation and compliance with IFRS Accounting Standards (IAS 1 Presentation of Financial Statements).
Assessing the economic benefits arising from the use of a battery under an offtake arrangement (IFRS 16 Leases).
Open consultations
For-profit entities
Public benefit entities (PBEs) - Tiers 1 and 2
New consultations
IPSASB ED 95 Improvements to IPSAS Accounting Standards – Volume 10 – comments to XRB close on 2 June 2026.
IPSASB ED 96 Definition of an Operation and Recognition of Acquired Liabilities and Contingent Liabilities (Amendments to IPSAS 40) – comments to XRB close on 2 June 2026.
IPSASB ED 97 IPSASB Practice Statement – Making Materiality Judgements – comments to XRB close 3 July 2026.
IPSASB Consultation Paper Presentation of Financial Statements – comments to XRB close 17 July 2026.
Other open consultations
• IPSASB ED 94 Linkages Between IPSAS Standards and the Government Finance Statistics Manual 2014 (Amendments to IPSAS 22) – comments to XRB close on 25 May 2026.
Recent submission
