Appendix A — Significant Adoption Dates
The charts below describe significant adoption dates for IFRS Accounting
Standards and U.S. GAAP for public business entities (PBEs).
IFRS Accounting Standards
|
Effective Date
|
Early Adoption Allowed (Yes/No)
|
Deloitte Resources
|
---|---|---|---|
Final Guidance
| |||
Supplier Finance Arrangements —
amendments to IAS 7 and IFRS 7 (issued May 25, 2023)
|
Annual reporting periods beginning on or after
January 1, 2024.
|
Yes
|
May 30, 2023, IFRS in Focus
|
International Tax Reform — Pillar Two Model
Rules — amendments to IAS 12 (issued May 23, 2023)
|
Annual reporting periods beginning on or after
January 1, 2023.
|
N/A
|
May 28, 2023, IFRS in Focus
|
Non-current Liabilities with Covenants —
amendments to IAS 1 (issued October 31, 2022)
|
Annual reporting periods beginning on or after
January 1, 2024.
|
Yes
|
November 2, 2022, IFRS in Focus
|
Lease Liability in a Sale and Leaseback —
amendments to IFRS 16 (issued September 22, 2022)
|
Annual reporting periods beginning on or after
January 1, 2024.
|
Yes
|
September 27, 2022, IFRS in Focus
|
U.S. GAAP
|
Effective Date for PBEs
|
Early Adoption Allowed (Yes/No)
|
Deloitte Resources
|
---|---|---|---|
Final Guidance
| |||
ASU 2023-02, Investments — Equity Method and
Joint Ventures (Topic 323): Accounting for Investments in
Tax Credit Structures Using the Proportional Amortization
Method — a consensus of the Emerging Issues Task Force
(issued March 29, 2023)
|
Fiscal years beginning after December 15, 2023, including interim
periods within those fiscal years.
|
Yes
| |
ASU 2022-04, Liabilities — Supplier Finance
Programs (Subtopic 405-50): Disclosure of Supplier Finance
Program Obligations (issued September 29, 2022)
|
Fiscal years, and interim periods within those
fiscal years, beginning after December 15, 2022, except for the
disclosure of rollforward information, which is effective for
fiscal years beginning after December 15, 2023.
|
September 30, 2022, Heads Up
| |
ASU 2022-03, Fair Value Measurement (Topic
820): Fair Value Measurement of Equity Securities Subject to
Contractual Sale Restrictions (issued June 30, 2022)
|
Fiscal years beginning after December 15, 2023,
and interim periods within those fiscal years.
|
Yes
|
July 1, 2022, Heads Up
|