IASB publishes exposure draft of the proposed amendments to the fair value option as per IAS 28
IASB publishes exposure draft of the proposed amendments to the fair value option as per IAS 28
The International Accounting Standards Board (IASB) has published its Exposure Draft Amendments to the Fair Value Option for Investments in Associates and Joint Ventures.
Under IFRS 18 Presentation and Disclosure in Financial Statements, income and expenses from associates and joint ventures measured at fair value may be classified in a different category in the statement of profit or loss than those measured using the equity method.
This Exposure Draft proposes narrow-scope amendments aimed to improve the consistent application of the fair value option under IAS 28 Investments in Associates and Joint Ventures ahead of the effective date of IFRS 18.
The comment period on the Exposure Draft closes on 20 April 2026 to allow the IASB to complete any amendments in time for the implementation of IFRS 18.
The Exposure Draft may be accessed here.
Under IFRS 18 Presentation and Disclosure in Financial Statements, income and expenses from associates and joint ventures measured at fair value may be classified in a different category in the statement of profit or loss than those measured using the equity method.
This Exposure Draft proposes narrow-scope amendments aimed to improve the consistent application of the fair value option under IAS 28 Investments in Associates and Joint Ventures ahead of the effective date of IFRS 18.
The comment period on the Exposure Draft closes on 20 April 2026 to allow the IASB to complete any amendments in time for the implementation of IFRS 18.
The Exposure Draft may be accessed here.