IFRS EU endorsement process [June 2026]
The European Financial Reporting Advisory Group (EFRAG) updated its report showing the status of endorsement of each IFRS, including standards, interpretations, and amendments, most recently on 19 June 2026.
FASB changed effective dates of certain standards
The Financial Accounting Standards Board (FASB) has issued a communication around the new or finalized effective dates for most recent standards. Changes allow more time to implement and adopt credit losses, leases, long-duration insurance contracts standards.
The new dates specific to selected new standards are documented and formalized in the published ASU No. 2019-10, Financial Instruments—Credit Losses (Topic 326), Derivatives and Hedging (Topic 815), and Leases (Topic 842) and in the ASU No. 2019-09, Financial Services—Insurance (Topic 944).
The summary table below shows all effective date changes.
CECL, Leases, Hedging, and Long-Duration Insurance: How Effective Dates Will Change (Chart assumes calendar-year-end reporting).
Source: FASB.org
