IFRS 18 endorsed for use in the EU
On 13 February 2026, the new standard IFRS 18 ‘Presentation and Disclosures in Financial Statements' was endorsed by the European Commission for use in the European Union. The EU effective date is the same as t…
IFRS EU endorsement process [January 2026]
The European Financial Reporting Advisory Group (EFRAG) updated its report showing the status of endorsement of each IFRS, including standards, interpretations, and amendments, most recently on 18 December 2025…
IFRS EU endorsement process [November 2025]
The European Financial Reporting Advisory Group (EFRAG) updated its report showing the status of endorsement of each IFRS, including standards, interpretations, and amendments, most recently on 21 November 2025…
IFRS EU endorsement process [October 2025]
The European Financial Reporting Advisory Group (EFRAG) updated its report showing the status of endorsement of each IFRS, including standards, interpretations, and amendments, most recently on 30 September 2…
IFRS EU endorsement process [September 2025]
The European Financial Reporting Advisory Group (EFRAG) updated its report showing the status of endorsement of each IFRS, including standards, interpretations, and amendments, most recently on 21 August 2025…
The effective date of IFRS 18 is approaching. Are you ready?
IFRS 18 Presentation and Disclosure in Financial Statements becomes effective in 2027 and necessitates a full retrospective approach, meaning that comparative information for 2026 must be prepared. All entiti…
IASB issued new standard IFRS 18
On 9 April 2024, the International Accounting Standards Board (IASB) published its new standard IFRS 18 Presentation and Disclosures in Financial Statements that will replace IAS 1 Presentation of Financial Sta…