IASB Launched Hedge Accounting Standards Review
Global companies and auditors can now submit feedback on the practical effectiveness of IFRS 9 and IFRS 7 hedge accounting rules.
Updated on Sept. 28, 2026 in Corporate Finance
The International Accounting Standards Board has published a Request for Information to assess the real-world application of hedge accounting requirements. This review aims to determine whether IFRS 9 and IFRS 7 rules are functioning as intended for companies, auditors, and regulators.
Why it matters
The review addresses whether complex hedge accounting frameworks provide relevant information for financial reporting and risk management. Operators and finance teams are invited to weigh in on whether current standards create unnecessary reporting burdens or effectively reflect business strategies.
These hedge accounting standards have been in effect since 1 January 2018, and the board has opened a multi-year period for stakeholder comment. The impact of these rules spans all entities reporting under IFRS frameworks.
The players
International Accounting Standards Board
An independent, private-sector body that develops and approves International Financial Reporting Standards used by companies worldwide.
The details
The board is conducting a post-implementation review to evaluate if the standards satisfy their intended objectives in practice. Organizations are encouraged to provide evidence on the operational challenges or clarity improvements observed since the standards were first adopted. This process allows stakeholders to highlight where compliance costs or technical hurdles might outweigh the utility of the reported data.
Timeline
• The IFRS 9 and IFRS 7 requirements became effective on 1 January 2018.
• The comment period for the Request for Information closes on 26 January 2027.
Market Landscape
This Request for Information marks the formal execution of the board's scheduled post-implementation review of IFRS 9. It follows the standard pattern of evaluating major accounting shifts after they have had sufficient time to be integrated into corporate financial cycles.
Finance leaders and reporting teams should evaluate their internal hedge accounting workflows to identify potential areas for improvement. Firms intending to influence future accounting policy must submit their feedback before the 26 January 2027 deadline.
The takeaway
The board's review serves as a rare opportunity for finance operators to provide empirical data on where existing rules create friction in day-to-day operations. Operators should audit their current hedge accounting processes and ensure any identified reporting bottlenecks are documented for the consultation period.
Further reading
For more information on the evolving standards for global businesses, visit the Corporate Finance section.
More information
Review the full project details or submit feedback via the Request for Information and comment portal.
