Search results
• IFRS 18 Presentation and Disclosure in Financial Statements • Basis for Conclusions • Illustrative Examples and supporting materials • Effects analysis • Project summary • Feedback statement • Reference material • IFRS 18 on one page
IFRS 18 introduces • Three new defined categories to provide a consistent structure of the statement of profit or loss: • operating • investing • financing • Two new required subtotals to enable analysis: • operating profit • profit before financing and taxes
9 paź 2024 · Introduction to IFRS 18 presentation and disclosure in financial statements. New categories and subtotals in the statement of profit or loss. Management-defined performance measures (MPMs) Aggregation and disaggregation. Consequential amendments to other IFRS Accounting Standards. Close and any questions?
IFRS 18 brings three categories of income and expenses, two income statement subtotals and one single note on management performance measures. These, combined with enhanced disaggregation guidance, set the stage for better and more consistent information for users – and will affect all companies.”
These Illustrative Examples accompany IFRS 18 Presentation and Disclosure in Financial Statements (published April 2024; see separate booklet) and are issued by the International Accounting Standards Board (IASB).
IFRS 18 introduces • guidance on whether information should be in the primary financial statements or the notes • enhanced requirements for grouping of information and using meaningful labels for items presented or disclosed • specific disaggregation requirements for presenting and disclosing operating expenses
7 maj 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.
