IASB releases webcast introducing the forthcoming IFRS 18
Feb 05, 2024
On February 5, 2024, the International Accounting Standards Board (IASB) released a ten-minute webcast unveiling the new IFRS 18 Presentation and Disclosure in the Financial Statements. This standard, expected in April 2024, will take effect for reporting periods starting January 1st, 2027, onwards.
The new standard responds to investors' demand for better information about companies’ financial performance and will improve how company information is communicated in the financial statements. It will provide investors with enhanced clarity and depth for analyzing company performance, leading to well-informed investment decisions.
Access the webcast on the IFRS Foundation website.
