Applying IFRS - IBOR reform (Updated December 2021)

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EY Global IFRS

13 Dec 2021 PDF

As exposures continue to transition from IBORs, this publication considers the additional accounting considerations in applying the IASB's amendments to IFRS.

This fourth edition of the Applying IFRS includes updates for synthetic LIBOR, transitions by clearing houses, the end of Phase 1 and additional disclosures.

The effective date for the Phase 2 Amendments is 1 January 2021, early adoption is permitted.