IFRS 18 – The IASB’s new presentation and disclosure standard

The Grant Thornton International IFRS team has published a summary of the new standard IFRS 18 Introducing IFRS 18 – The IASB’s new presentation and disclosure standard.

The objective of the Standard is to improve how information is communicated in an entity’s financial statements, particularly in the statement of profit or loss and in notes to the financial statements.