IFRS 18 to be the new IFRS standard

As of 1 January 2027, the new IFRS standard: IFRS 18 Presentation and Disclosure in Financial Statements, will be applicable. BDO has released ‘IFRS Accounting Standards In Practice - IFRS 18 Presentation and Disclosure in Financial Statements (Presentation in the Statement of Profit or Loss)’. This publication is an in depth and comprehensive guide to the requirements of IFRS 18 applicable to the preparation of the statement of profit or loss and includes dozens of flowcharts, examples and practical insights about how IFRS 18 will affect entities that apply IFRS Accounting Standards.

For more information contact our Financial Accounting Advisory Services team at BDO FAAS. 

Acces the publication here