NEW IFRS (INTERNATIONAL REPORTING STANDARD) – IFRS 18
Introduction The International Accounting Standards Board (IASB) on April 9, issued a new IFRS, that is, IFRS 18 Presentation and Disclosure in Financial Statements to replace IAS 1 Presentation of Financial Statements. The Effective date for IFRS 18 is 1 January 2027: though earlier application is permitted; this must be…