19 June 2024

18 - Presentation and disclosure in financial statements (IFRS 18) - effective 1 January 2027

On 9 April 2024, the IASB issued a new standard – IFRS 18, ‘Presentation and Disclosure in Financial Statements’ – in response to investors’ concerns about the comparability and transparency of entities’ performance reporting. IFRS 18 will be effective for annual reporting periods beginning on or after 1 January 2027, including for interim financial statements.

07 May 2024

IFRS 18 - Insights for financial services companies

The IASB has issued IFRS 18, the new standard on presentation and disclosure in financial statements, with a focus on the statement of profit or loss. This In brief highlights some key elements most relevant to the financial services industry.

07 May 2024

IFRS 18 - Key treasury topics for corporate entities

The IASB has issued IFRS 18, the new standard on presentation and disclosure in financial statements, with a focus on the statement of profit or loss. For a general overview of the new standard, see In brief IFRS 18 is here: redefining financial performance reporting. This In brief highlights some key treasury topics for corporate entities, such as classification of foreign exchange differences, derivatives gains and losses and income and expenses on other financial instruments.

09 April 2024

IFRS 18 is here: redefining financial performance reporting

The IASB has issued IFRS 18, the new standard on presentation and disclosure in financial statements, with a focus on updates to the statement of profit or loss.