IFRS 19 – Subsidiaries without Public Accountability: (Reduced) Disclosures

The issuance of IFRS 19 introduces a practical option for eligible entities to report under IFRS with reduced disclosure requirements, while still complying with full IFRS recognition and measurement principles. This standard responds directly to preparers’ concerns about excessive disclosure burdens — particularly for subsidiaries that already report up to group IFRS standards — and aims to produce financial statements that focus on users’ needs without unnecessary complexity. This webinar unpacks why IFRS 19 matters, who can apply it, and how it operates alongside existing IFRS standards. Attendees will learn how recognition, measurement and presentation are still governed by the relevant IFRS requirements, but how disclosure obligations are now tailored and significantly reduced for eligible entities. We’ll explore eligibility criteria (no public accountability and IFRS compliant parent reporting), the nature of reduced disclosures, key implementation considerations, and practical implications for financial reporting, audit and corporate governance. Participants will walk away with a solid understanding of the scope, benefits, risks and compliance expectations of IFRS 19 — enabling them to evaluate whether and when to adopt the standard, how it affects financial statement preparation, and how to communicate these choices to stakeholders.

In completing this learning engagement, you will have developed the following professional competencies indicated in the green section below: