How ready are you for what IFRS 18 will bring?
It’s now been over a year since the International Accounting Standards Board (IASB) unveiled IFRS 18 Presentation and Disclosure in Financial Statements – a fundamental update to IFRS Accounting Standards, and the countdown to 2027 has already begun. With an effective date of 1 January 2027, the three-year lead time for IFRS 18 isn’t just generous, it’s intentional. IFRS 18 isn’t a minor update you can …