This new standard applies to all entities that prepare their financial statements in accordance with IFRS Accounting Standards. It introduces enhanced structure and transparency in the statement of profit or loss, along with new requirements around management-defined performance measures.
In this webinar, Chetan Hans of our CFO Advisory team breaks down the key changes introduced by IFRS 18, what they mean in practice, and how they may impact your financial reporting processes, systems and stakeholder communication.
Key discussion areas:
Our ‘Example Interim Condensed Consolidated Financial Statements 2026’ publication provides practical guidance and illustrative disclosures to support reporting entities in preparing interim financial statements in accordance with IFRS. This article focuses on the application of IAS 34 for a six-month interim reporting period ending 30 June 2026.
IFRS 18 replaces IAS 1 ‘Presentation of Financial Statements’ for annual reporting periods beginning on or after 1 January 2027. Our ‘Insights into IFRS 18’ series explains the new requirements of IFRS 18, highlighting some areas of the standard that we believe will be challenging to apply in practice.
