IFRS 18 - last Reminder

The clock is ticking: IFRS 18 takes effect on January 1, 2027. You’re already preparing the comparative figures for it.

IFRS 18 replaces IAS 1 and must be applied retrospectively. In the 2027 financial statements, the 2026 figures must be presented in accordance with the new rules. Entities that prepare interim reports must also adjust their figures for the first half of 2026.

Read our Audit & Assurance Update to find out what you need to do now.