Ifrs 18 financial statement featured
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IFRS 18 Explained: The New Financial Statement Presentation Standard Replacing IAS 1

BySW Accounting admin

What is IFRS 18 and when does it take effect? IFRS 18, the new standard that replaces IAS 1, fundamentally redesigns how companies present financial statements. It is mandatory for annual periods beginning on or after January 1, 2027 — but with the 2026 comparative period already underway, companies using IFRS must begin planning their…

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Goodbye IAS 1, Hello IFRS 18: A Good Group Case Study

BySW Accounting admin

  Ready for IFRS 18? Explore the major changes in financial presentation through the lens of Good Group’s 2025 illustrative financial statements. From new P&L categories to MPMs, we’ve got you covered! To be honest, keeping up with changing accounting standards can feel like a full-time job on its own, right? Just when you think…