IFRS Accounting Standards In Practice — IFRS 18 Presentation and Disclosure in Financial Statements

IFRS 18 Presentation and Disclosure in Financial Statements
BDO has released its updated IFRS Accounting Standards In Practice — IFRS 18 Presentation and Disclosure in Financial Statements.

This publication is an in depth and comprehensive guide to the requirements of IFRS 18 and has been updated with 50 pages of new material, including a section on management-defined performance measures, additional guidance and examples on specific matters and considerations for the successful implementation of IFRS 18.

IFRS 18 will become effective in 2027. It is therefore advisable for companies to initiate preparations in advance in order to adapt their approaches to financial reporting in a timely manner and to avoid unnecessary difficulties during the transition to the new requirements.
 
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BDO in Ukraine has a proven track record of assisting companies with the implementation and practical application of IFRS for many years. Should you require professional support or advice on new requirements and updates, we are always ready to help.

Source: BDO Global
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Key Findings:

  • Updated edition of IFRS Accounting Standards in Practice focuses on IFRS 18 and contains 50 pages of new material.
  • The guide provides a comprehensive explanation of the requirements of IFRS 18, including disclosures, recommendations and practical examples.
  • It is vital for companies to prepare in advance for the 2027 implementation of IFRS 18 and adapt their financial reporting approaches accordingly.
  • New publication provides further considerations and guidance on implementing the standard in practice.

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Key Contact

Oleg Malashchuk

Oleg Malashchuk

Key Audit Partner
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