IFRS 18 – Presentation and disclosure in financial statements

## What is IFRS 18? IFRS 18 is a new standard on presentation and disclosure of financial statements, replacing IAS 1, effective from 2027. ## Highlights - Clearer classification of income and expenses into defined categories. - Requires disclosure of management-defined performance measures. - Improves transparency and comparability. Businesses should review their reporting systems to meet the new requirements.