Financial Reporting as per IFRS 18

Other

Source: Financial Reporting as per IFRS 18

Financial Reporting as per IFRS 18 introduces a new framework for presenting income and expenses, improving transparency, comparability, and clarity of financial performance. The standard mandates defined operating, investing, and financing categories along with enhanced disclosures, impacting key metrics and stakeholder reporting. Businesses must realign their financial statements, systems, and internal processes to ensure accurate compliance.