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IFRS 18 - Presentation and Disclosure in Financial Statements

IFRS 18 - Presentation and Disclosure in Financial Statements

In April 2024, the International Accounting Standards Board (IASB) issued IFRS 18 – Presentation and Disclosure in Financial Statements. IFRS 18 replaces IAS 1 – Presentation of Financial Statements. IFRS 18 objective to improve how information is communicated in the financial statements, with a focus on information in the statement of profit or loss.

IFRS 18 can be accessed via the IFRS Standards Navigator. You need to be logged onto the SAICA website to access the IFRS Standards Navigator.

SAICA Events

New IFRS standard on Presentation and Disclosure in Financial Statements (IFRS 18)

Other Events

Workshop on Primary Financial Statements

IASB resources

News

No

Title

Date published

1.

New IFRS Accounting Standard will aid investor analysis of companies’ financial performance

https://www.ifrs.org/news-and-events/news/2024/04/new-ifrs-accounting-standard-will-aid-investor-analysis-of-companies-financial-performance/

9 April 2024

Educational webcasts and webinars

No

Document

Date published

1.

Webcast: Overview of the forthcoming IFRS Accounting Standard – IFRS 18

https://www.ifrs.org/content/ifrs/home/projects/work-plan/primary-financial-statements/webcast-overview-of-the-forthcoming-ifrs-accounting-standard-ifrs-18.html

5 February 2024


Educational materials

No

Document

Date published

1.

Video: IASB members introduce IFRS 18 in English, French, Japanese, Portuguese, Simplified Chinese and Spanish

https://www.ifrs.org/projects/completed-projects/2024/primary-financial-statements/video-iasb-members-introduce-ifrs-18/

9 April 2024

2.

IFRS 18 on one page https://www.ifrs.org/content/dam/ifrs/project/primary-financial-statements/ifrs-standard/ifrs18-one-page-april2024.pdf

9 April 2024

3.

Project Summary: IFRS 18 – Presentation and Disclosure in Financial Statements

https://www.ifrs.org/content/dam/ifrs/project/primary-financial-statements/ifrs-standard/projectsummary-ifrs18-april2024.pdf

9 April 2024

4.

Effects Analysis: IFRS 18 – Presentation and Disclosure in Financial Statements

https://www.ifrs.org/content/dam/ifrs/publications/amendments/english/2024/effect-analysis-ifrs18-april2024.pdf

9 April 2024

5.

Feedback Statement: IFRS 18 – Presentation and Disclosure in Financial Statements

https://www.ifrs.org/content/dam/ifrs/project/primary-financial-statements/ifrs-standard/feedbackstatement-ifrs18-april2024.pdf

9 April 2024

6.

Reference Material: IFRS 18 – Presentation and Disclosure in Financial Statements

https://www.ifrs.org/content/dam/ifrs/project/primary-financial-statements/ifrs-standard/reference-material-for-ifrs18.pdf

9 April 2024