IFRS 18: Navigating the New Era of Performance Reporting and Why Your Operating Profit Is About to Change
The issuance of IFRS 18, Presentation and Disclosure in Financial Statements, by the International Accounting Standards Board (IASB) in April 2024, marks the most significant shift in the presentation of financial statements in over two decades. This is not a simple update; it is a comprehensive response to demands from the global investment community for…