The International Accounting Standards Board’s (IASB) move to update the IFRS Accounting Taxonomy follows the April 2024 release of IFRS 18, which sets a new standard for presenting and disclosing financial data.
On 14 June the European Financial Reporting Advisory Group (EFRAG) and the International Accounting Standards Board (IASB) released videos of two recent educational sessions on the new IFRS 18 Presentation and Disclosure in Financial Statements. These sessions detailed the main requirements of IFRS 18 and addressed practical challenges participants may face.
This week the International Accounting Standards Board (IASB) released its newest standard, IFRS 18 – Presentation and Disclosure in Financial Statements.
The IASB recently released an informative webcast introducing the forthcoming IFRS Accounting Standard, IFRS 18 Presentation and Disclosure in the Financial Statements. This new standard aims to enhance the reporting of financial performance, addressing investors’ demands for better information.
The IFRS Taxonomy Consultative Group (ITCG) held an all day hybrid meeting yesterday covering a range of topics. The meeting was recorded and is now available on catchup from the IFRS website.
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