2025 Annual Accounting Standards Update - Part 2
Presenters : Caryn Maitland CA(SA)
Overview
While Part 1 of our Annual Accounting Updates (2025/2026) explored the key amendments, new standards, and interpretations impacting the 2025/2026 reporting cycle, Part 2 turns the focus to the IASB’s upcoming projects and redeliberations that are set to reshape financial reporting from 2026 onwards.
Join Caryn Maitland CA(SA) for the second instalment of this annual update. This session will help you stay ahead of evolving standards, ensure compliance and maintain accuracy in your financial reporting.
Learning objectives
By attending this webinar you will gain the following competencies:
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Understand key IASB projects currently being redeliberated and their direction.
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Anticipate disclosure and presentation impacts from new proposals before they become mandatory.
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Integrate upcoming standards into their multi-year implementation plans.
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Prepare for narrative reporting under the Revised Practice Statement on Management Commentary and its link to ISSB sustainability reporting.
Content
The webinar will cover the following topics:
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A. IASB Work Plan and Future Projects
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Financial Instruments with Characteristics of Equity (FICE)
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Classification principles and presentation changes
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Disclosure enhancements under IFRS 7
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Impact on hybrid and complex financing instruments
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Equity Method (IAS 28 Revisions)
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Step acquisitions and partial disposals
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Upstream and downstream transaction elimination
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Proposed simplifications and new disclosures
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Business Combinations – Disclosures, Goodwill and Impairment
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Enhanced post-acquisition performance reporting
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Synergy disclosures and cash flow tracking
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Retention of impairment-only model
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Dynamic Risk Management (ED expected Q4 2025)
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Portfolio hedging and interest rate repricing risk
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Accounting policy alignment with IFRS 9
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Rate-Regulated Activities
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Recognition of regulatory assets and liabilities
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Disclosures and transition expectations
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B. Cross-Cutting Developments
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Revised Practice Statement 1 – Management Commentary
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Integration with sustainability and governance reporting
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Linkage to narrative and financial information
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IAS 12 Amendments – Pillar Two Tax Disclosures
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Ongoing temporary exceptions and enhanced disclosure expectations
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