The International Accounting Standard 1 (IAS 1) serves as a foundational framework for financial reporting, guiding how organisations present their financial statements. However, its implementation ...
On April 9, 2024, the IASB (International Accounting Standards Board) issued IFRS 18 - Presentation and Disclosure in Financial Statements. IFRS 18 replaces IAS 1 - Presentation of Financial ...
EARLIER this April, the International Accounting Standards Board (IASB) issued a new accounting standard, IFRS 18 – Presentation and Disclosure in Financial Statements, to replace the current IAS 1 – ...