IFRS 18 Presentation and disclosure in financial statements

IFRS 18 Presentation and Disclosure in Financial Statements will bring changes to how organizations communicate their financial performance and replaces IAS 1 Presentation of Financial Statements. Under IFRS 18, organizations will change how they present their results on the face of the income statement and disclose information in the notes to the financial statements. This includes disclosure of certain ‘non-GAAP’ measures – management performance measures (MPMs) – which will now form part of the audited financial statements. The standard will be effective from January 1, 2027 and early adoption is permitted. ​

Now is the time to prepare. Contact our team to discuss the potential impact on your organization and understand the evolving proposals.