UKEB Webcast: Overview of IFRS 18 Presentation and Disclosure in Financial Statements

A webcast of discussion between UKEB Technical Director, Seema Jamil-O’Neill, and IASB Member, Nick Anderson, introducing the key requirements of IFRS 18 Presentation and Disclosure in Financial Statements, is now available. IFRS 18 was issued in April 2024, and is effective for annual reporting periods beginning on or after 1 January 2027.

The topics discussed in this webcast include:

• Requirements for new categories and subtotals in the income statement;
• Management-defined performance measures;
• Aggregation and disaggregation of information; and
• Limited changes to the statement of cash flows.

The webcast can be found on our website.