The link with IFRS 18

Learning objectives

• Identify that consequential amendments from IFRS 18 affect IAS 19.L3
• Explain why the version of these paragraphs to be applied depends on the period concerned, the IFRS 18 amendments being required only for annual periods beginning on or after 1 January 2027.L3

Normative references

The syntheses of the reference register are written in French: only the paragraph reference is shown here.

1 question

• A trainee prepares a note on the consequential amendments that IFRS 18 makes to IAS 19, applicable when the entity applies IFRS 18. Which of the trainee's sentences is wrong?L3