IAWG Accounting Guides

These guidance documents were compiled by the IATA Industry Accounting Working Group (IAWG) in association with advisors from international accounting firms. They cover specific issues that the IAWG believe may cause diversity in practice. They are not prescriptive and simply provide a means to share the views of a group of accounting professionals within the airline industry on the specific topics addressed.​​

IFRS 9, Hedging

Benchmark crude oil contracts used in jet fuel hedges (pdf)
Hedge of foreign currency risk in owned aircraft (pdf)

IFRS 15, Revenue from Contracts with Customers – version 2

Download the booklet (pdf)

IFRS 16, Leases – version 1

Download the booklet (pdf)

Source: IATA