Power Purchase Agreements
- Active
- Research phase
- Didrik Thrane-Nielsen, Aleksandra Sivash, Juan Jose Gomez de la Calzada
Description
In July 2023, the IASB decided to add a project to its work plan to research whether feasible narrow-scope amendments to IFRS 9 to better reflect the effect of Power Purchase Agreements (PPAs) on the financial statements.
In December 2023, based on the outcome of the IASB Staff research, the IASB tentatively decided to:
- to undertake narrow-scope standard-setting to amend IFRS 9 Financial Instruments, with the next project milestone to be an exposure draft; and
- to explore an approach to this standard-setting that includes amending the ‘own use’ and hedge accounting requirements in IFRS 9 for both physical PPAs and virtual PPAs.
Documents
No project documents.
