IFRS Standards List 2026: IAS, IFRS, IFRS 20 & DipIFR

Published December 21, 2022 Updated July 1, 2026 by Vicky Sarin

IFRS

IFRS standards list 2026

Between new standards like IFRS 18, IFRS 19 and the freshly issued IFRS 20, and the arrival of sustainability standards IFRS S1 and S2, keeping track of the IFRS rulebook is a daily survival skill. This guide pulls every active IAS, IFRS and key sustainability standard into one place for 2026 — with plain-English summaries, a memorable trivia note for each, and a marker showing which are examinable in the ACCA Diploma in IFRS.

Quick answer

As of 2026 there are 24 IAS standards and 19 IFRS Accounting Standards in issue (the numbers run IFRS 1–20, with IFRS 4 withdrawn), plus two sustainability standards, IFRS S1 and IFRS S2.

Three IFRS are issued but not yet effective: IFRS 18 and IFRS 19 (effective 1 January 2027) and the newest, IFRS 20 (effective 1 January 2029). IAS standards came from the old IASC before 2001; IFRS standards from the IASB since — and both carry equal authority until withdrawn or replaced.

How to use this 2026 list

Scan the IAS list first if you're revising fundamentals for ACCA, CA or DipIFR.
Focus on the IFRS standards that drive measurement and disclosure — IFRS 9, 15, 16, 17, 18, 19.
Review IFRS S1 and S2 if your role touches ESG or integrated reporting.

Reading the DipIFR marker

Standards tagged DipIFR are examinable in the ACCA Diploma in IFRS (December 2026–June 2027 syllabus). The exam also covers the Conceptual Framework, professional ethics, the IASB/ISSB structure and the IFRS for SMEs Standard. Note that cash flow statements (IAS 7), hyperinflation (IAS 29), interim reporting (IAS 34) and insurance contracts (IFRS 17) are specifically excluded from the syllabus.

IAS standards list (2026)

Standard	What it covers	Exam trivia
IAS 1 Presentation of Financial Statements	Overall blueprint for the primary statements and notes — minimum content and fair presentation	No longer examined in DipIFR — replaced by IFRS 18, now the examinable presentation standard. It codified the going-concern, accrual and consistency assumptions, which live on in the new framework
IAS 2 Inventories DipIFR	Cost formulas (FIFO/weighted average), write-downs, what's included in cost	Bans LIFO — any LIFO exam question is really testing the IFRS adjustment
IAS 7 Statement of Cash Flows	Classifying operating, investing and financing cash flows	Excluded from DipIFR; still, many analysts read the cash flow statement before the income statement
IAS 8 Accounting Policies, Changes in Estimates & Errors DipIFR	When to restate vs adjust prospectively; prior-period errors	"Retrospective vs prospective" recurs constantly in SBR and DipIFR
IAS 10 Events After the Reporting Period DipIFR	Adjusting vs non-adjusting events; the cut-off date	Dividends declared after year-end are the classic non-adjusting trap
IAS 12 Income Taxes DipIFR	Current and deferred tax; temporary differences and tax base	Deferred tax is often the biggest balance-sheet item after PPE
IAS 16 Property, Plant & Equipment DipIFR	Recognition, depreciation and revaluation of tangible assets	Heavily tested in ACCA FR/SBR; links to impairment and revaluation
IAS 19 Employee Benefits DipIFR	Short-term benefits, pensions (defined benefit/contribution), long-term schemes	"Actuarial gains and losses to OCI" is an advanced-paper favourite
IAS 20 Government Grants DipIFR	Recognising grants as income vs deferred income; disclosure	Many COVID-era support packages were analysed under IAS 20
IAS 21 Effects of Changes in Foreign Exchange Rates DipIFR	Functional vs presentation currency; translation differences	A Nov 2025 amendment (effective 2027) adds rules for translating into a hyperinflationary presentation currency
IAS 23 Borrowing Costs DipIFR	Capitalising borrowing costs on qualifying assets	Whether an asset "qualifies" can move gearing more than the loan itself
IAS 24 Related Party Disclosures DipIFR	Defines related parties; disclosure of relationships and transactions	Some of the most important information sits in tiny IAS 24 footnotes
IAS 26 Retirement Benefit Plans	How pension and retirement benefit plans themselves report	Covers the plan's own accounts — distinct from the employer's IAS 19 accounting
IAS 27 Separate Financial Statements	Investments in subsidiaries, associates and JVs in the parent's own separate statements	Since 2011 the consolidation rules moved to IFRS 10; IAS 27 now covers only separate statements
IAS 28 Investments in Associates & Joint Ventures DipIFR	The equity method; when significant influence exists	A 20% stake with a board seat is the classic associate example
IAS 29 Financial Reporting in Hyperinflationary Economies	Restating statements under extreme inflation	Excluded from DipIFR; can turn historic-cost figures into what looks like a fresh set of books
IAS 32 Financial Instruments: Presentation DipIFR	Classifying instruments as equity or liability	Convertible bonds are the go-to equity-vs-liability split question
IAS 33 Earnings Per Share DipIFR	Basic and diluted EPS formulas and disclosure	Share splits and bonus issues trip up many candidates
IAS 34 Interim Financial Reporting	Minimum content and measurement for half-yearly/quarterly reports	Excluded from DipIFR; ignore its guidance and "one-off" items can end up counted twice
IAS 36 Impairment of Assets DipIFR	Recoverable amount, value-in-use, CGUs and reversals	In downturns, the standard behind the biggest P&L surprises
IAS 37 Provisions, Contingent Liabilities & Assets DipIFR	When to recognise vs disclose vs ignore an obligation	Lawsuits and environmental obligations are classic themes
IAS 38 Intangible Assets DipIFR	Recognition, amortisation and impairment; development costs	Internally generated brands usually aren't recognised — which surprises many
IAS 40 Investment Property DipIFR	Property held for rental/appreciation; fair-value vs cost model	A change in how a building is used can shift it from IAS 16 to IAS 40
IAS 41 Agriculture DipIFR	Biological assets and agricultural produce at fair value	One of the few standards where fair value less costs to sell is the starting point

IFRS standards list (2026)

Standard	What it covers	Exam trivia
IFRS 1 First-time Adoption of IFRS	Roadmap from local GAAP — opening balance sheet rules and exemptions	Big transitions are project-managed as "IFRS 1 implementations"
IFRS 2 Share-based Payment DipIFR	Equity-settled and cash-settled schemes such as employee stock options	Tech-company P&Ls look very different after expensing share-based payments
IFRS 3 Business Combinations DipIFR	Acquisition method; fair-valuing acquired net assets; goodwill	"Bargain purchase gain" is the IFRS term for buying a business on the cheap
IFRS 5 Non-current Assets Held for Sale & Discontinued Operations DipIFR	Classification, measurement and presentation of held-for-sale items	The "discontinued operations" line reshapes how investors read core performance
IFRS 6 Exploration for & Evaluation of Mineral Resources DipIFR	Temporary standard for mining and oil & gas exploration	One of the few IFRS that deliberately lets some existing policies continue
IFRS 7 Financial Instruments: Disclosures	Disclosures on risks, exposures and risk-management policies	Analysts jump straight to IFRS 7 notes for credit and liquidity risk
IFRS 8 Operating Segments DipIFR	Segment reporting based on the internal management (CODM) view	Why big groups often disclose more by segment than by legal entity
IFRS 9 Financial Instruments DipIFR	Classification, measurement, expected-credit-loss impairment and hedging	The "incurred loss → expected credit loss" shift changed bank provisioning globally
IFRS 10 Consolidated Financial Statements DipIFR	Defines control; when and how to consolidate subsidiaries	Power, returns and the ability to use power — not just voting rights
IFRS 11 Joint Arrangements DipIFR	Splits arrangements into joint operations and joint ventures	Proportionate consolidation largely disappeared for JVs under IFRS 11
IFRS 12 Disclosure of Interests in Other Entities	Disclosures for subsidiaries, associates, JVs and structured entities	Behind those long NCI and off-balance-sheet note tables
IFRS 13 Fair Value Measurement DipIFR	Unified fair-value framework, hierarchy levels and disclosures	Level 3 measurements are where examiners test judgement
IFRS 14 Regulatory Deferral Accounts	Interim standard for rate-regulated activities	Always meant as a temporary parking place — being replaced by IFRS 20 from 2029
IFRS 15 Revenue from Contracts with Customers DipIFR	The five-step revenue model; replaced IAS 18 and IAS 11	"Performance obligations" are now central to how auditors review revenue
IFRS 16 Leases DipIFR	Most lessee leases on-balance-sheet as a right-of-use asset and lease liability	Many firms saw EBITDA jump as operating leases moved below it
IFRS 17 Insurance Contracts	Comprehensive measurement/presentation model, including the CSM	Excluded from DipIFR; often called "IFRS 9 plus IAS 19 on steroids"
IFRS 18 Presentation and Disclosure in Financial Statements DipIFR	New presentation and subtotal structure; replaces IAS 1 from 2027	Issued April 2024; reshapes "operating profit" and defined subtotals — affecting KPIs and covenants
IFRS 19 Subsidiaries without Public Accountability: Disclosures DipIFR	Reduced disclosures for eligible non-publicly-accountable subsidiaries (2027)	Issued May 2024; a "disclosure relief" standard making IFRS lighter for smaller group entities
IFRS 20 Regulatory Assets and Regulatory Liabilities	Recognises regulatory assets/liabilities from timing differences between IFRS 15 revenue and total allowed compensation for rate-regulated entities	Newest IFRS — issued May 2026, effective 2029; replaces IFRS 14 and, unlike it, is mandatory for entities in scope

Eduyush practice resources: deep-dive question banks for IFRS 9 interview questions and IFRS 9 practice questions, IFRS 15 interview questions and IFRS 15 practice questions, plus a narrative guide to the IFRS 18 changes and IFRS 18 practice questions.

IFRS sustainability standards

Standard	What it covers	Trivia
IFRS S1 General Requirements for Sustainability-related Disclosure DipIFR	The baseline for sustainability-related financial disclosure across all ESG topics	Designed to work alongside IFRS Accounting Standards, not as a separate framework
IFRS S2 Climate-related Disclosures DipIFR	Climate-specific disclosure, closely aligned to the TCFD structure (governance, strategy, risk, metrics)	Regulators increasingly signal that S2-style climate disclosures will become mandatory

Why some numbers are missing: superseded standards

If you're wondering why there's no IFRS 4 or IAS 18, they've been replaced. The gaps in the numbering are retired (or soon-to-retire) standards:

Retired standard	Replaced by
IFRS 4 — Insurance Contracts	IFRS 17 (effective 2023)
IAS 11 — Construction Contracts & IAS 18 — Revenue	IFRS 15
IAS 17 — Leases	IFRS 16
IAS 39 — Financial Instruments: Recognition & Measurement	IFRS 9 (some hedge-accounting provisions remain a policy choice)
IAS 1 — Presentation of Financial Statements	IFRS 18 (from 2027)
IFRS 14 — Regulatory Deferral Accounts	IFRS 20 (from 2029)

Recent & upcoming changes

Effective 2026: the latest Annual Improvements (Volume 11), amendments to the classification and measurement of financial instruments (IFRS 9 and IFRS 7), and "contracts referencing nature-dependent electricity". Effective 2027: IFRS 18, IFRS 19, and the November 2025 amendment to IAS 21 on translating into a hyperinflationary presentation currency. Effective 2029: IFRS 20 Regulatory Assets and Regulatory Liabilities (issued May 2026), replacing IFRS 14. Always confirm the exact effective date and any local endorsement before applying a change.

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Turn this list into DipIFR mastery

The standards tagged DipIFR above are exactly what you'll be examined on. The ACCA Diploma in IFRS from Eduyush (an ACCA Registered Learning Partner) pairs current-syllabus coaching with approved study materials and registration.

Explore the DipIFR course DipIFR study materials

Where to check official texts

This guide is a practical learning tool — it doesn't replace the official standards. For authoritative text, transition amendments and the latest changes, use the IFRS Foundation's Accounting Standards Navigator at ifrs.org and ACCA Global's IFRS resource pages.

Frequently asked questions

How many IFRS standards are there?

The IASB has issued 20 numbered IFRS standards. IFRS 4 has been withdrawn, leaving 19 in issue. Of these, IFRS 18 and IFRS 19 take effect in 2027 and IFRS 20 in 2029. Alongside them, 24 older IAS standards remain in force, plus two sustainability standards (IFRS S1 and S2).

What is the difference between IAS and IFRS?

IAS (International Accounting Standards) were issued by the IASC before 2001. IFRS (International Financial Reporting Standards) have been issued by its successor, the IASB, since 2001. Both carry equal authority — an IAS remains fully mandatory unless withdrawn or replaced.

Are IAS standards still valid?

Yes. Any IAS that hasn't been explicitly withdrawn or replaced by a newer IFRS remains fully mandatory. As of 2026, 24 IAS standards are still in force, including widely used ones like IAS 16, IAS 36 and IAS 37.

What is the newest IFRS standard?

The newest numbered standard is IFRS 20 Regulatory Assets and Regulatory Liabilities, issued in May 2026 and effective from 1 January 2029 (replacing IFRS 14). Before it came IFRS 18 (issued April 2024) and IFRS 19 (issued May 2024), both effective from 1 January 2027. The newest sustainability standards are IFRS S1 and S2.

What is IFRS 18?

IFRS 18 is a new standard on presentation and disclosure that replaces IAS 1 for periods beginning on or after 1 January 2027. It introduces defined subtotals and a more structured income statement, which is expected to reshape how "operating profit" and KPIs are presented.

What is IFRS 20?

IFRS 20 Regulatory Assets and Regulatory Liabilities, issued in May 2026 and effective from 2029, is the standard for entities subject to rate regulation (utilities, energy, transport). It requires them to recognise regulatory assets and liabilities for timing differences between IFRS 15 revenue and their total allowed compensation. It replaces IFRS 14 and, unlike it, is mandatory for entities in scope.

Are IFRS S1 and S2 mandatory?

The ISSB issues IFRS S1 and S2, but whether they're mandatory depends on each jurisdiction's adoption decision. Many regulators are moving towards requiring climate-related (S2-style) disclosures, so their reach is expanding.

Which IFRS standards are examinable in DipIFR?

The ACCA Diploma in IFRS examines most core standards — including IFRS 2, 3, 5, 6, 8, 9, 10, 11, 13, 15, 16, 18 and 19, IFRS S1 and S2, and IAS 2, 8, 10, 12, 16, 19, 20, 21, 23, 24, 28, 32, 33, 36, 37, 38, 40 and 41 — plus the Conceptual Framework, ethics and IFRS for SMEs. Note that IFRS 18 is examined in place of IAS 1. Cash flows (IAS 7), hyperinflation (IAS 29), interim reporting (IAS 34) and insurance (IFRS 17) are excluded.

Final thoughts

IFRS will keep evolving — IFRS 20 is the latest proof — but the edge for finance professionals isn't memorising numbers. It's understanding how each standard changes decisions, KPIs and boardroom conversations. Use this curated list to revise faster, answer interview questions with confidence, and spot red flags in real-world statements. Then go one layer deeper into the standards that matter most for your industry.

About the author: Written by Vicky Sarin, CA — Founder & CEO of Eduyush.com, with 25+ years in financial reporting, audit and global accounting education. Vicky has coached thousands of professionals for ACCA DipIFR and other IFRS certifications.

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3 comments

Seid Endrs Mahmud January 18, 2025 at 4:24 am

I need this documet for reference purpose
Afolabi Olusegun March 19, 2024 at 11:33 pm

To keep up-to-date on IFRS.
Amani Chitanda March 19, 2024 at 11:44 pm

Thanks this resources are very useful, still need to learn more from your,

Best regards

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