IBM Planning Analytics with Watson (video)

The most visible and impactful change introduced by IFRS 18 is the restructuring of the income statement. Under IAS 1, companies had greater flexibility in how they presented their profit and loss statement. While there were general requirements, there was no strictly...

By now, it should be clear that IFRS 18 is more than a presentation change It has practical implications across finance functions, systems, and processes. One of the first areas many organisations will need to address is their chart of accounts. Under IAS 1, charts of...

Why is IFRS 18 being introduced? IFRS 18 will be implemented in January 2027. But why? For years, IAS 1 has been the foundation of financial statement presentation under IFRS. It provided a principles-based framework that gave companies flexibility in how they...