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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 supersedes IAS 1. Presentation of Financial Statements. IFRS 18 includes presentation and disclosure requirements that are new and requirements that have been carried forward from IAS 1. IFRS 18 is intended to improve how information is communicated in financial statements by:
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.”.
IFRS 18 Presentation and Disclosure in Financial Statements seeks to respond to these demands by requiring a more structured income statement and greater disaggregation of information. It also makes
9 kwi 2024 · IFRS 18: Presentation and Disclosure in Financial Statements. Objective (para. 1) Scope (paras. 2-8) General requirements for financial statements (paras. 9-40) Aggregation and disaggregation (paras. 41-45) Statement of profit or loss (paras. 46-85) Statement presenting comprehensive income (paras. 86-95) Statement of financial position (paras ...
• 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
