Currently, only a limited number of transactions are recognised in OCI. However, ongoing
changes to IFRS, such as IFRS 9 Financial Instruments and the recent amendments
to IAS 19 Employee Benefits, will lead to increased recognition of items within OCI.
Therefore, the IASB decided to accelerate this element of the broader project on
financial statement presentation by proposing limited changes to IAS 1 to improve
the consistency and clarity of the presentation of items of OCI in the short term.
What has changed and what continues to apply?