Webcast introducing the forthcoming IFRS 18
05 Feb, 2024
The IASB has released a ten-minute webcast introducing the forthcoming IFRS 18 'Presentation and Disclosure in the Financial Statements' that is expected to be issued in April 2024 and will be effective for annual reporting periods beginning on or after 1 January 2027.
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 and thus investors a better basis for analysing a company's performance and making their investment decisions.
Please click to access the webcast on the IFRS Foundation website.