IFRS 18 - Classification of Gains and Losses on a Derivative Managing a Foreign Currency Exposure (IFRS Interpretations Committee Consultation)

The IFRS Interpretations Committee (IFRS IC) concluded its March meeting this week, providing the final clarifications needed.

FX on Derivatives: The Committee finalised a decision on how to classify gains and losses on derivatives used to manage foreign currency risk, These should be classified in the same category as the income or expenses being managed. (such as Operating,etc.)

For more details please visit: IFRS Link (Tested and secure)

21 March 2026

amr.