While the inclusion of Management-Defined Performance Measures (MPMs) within the financial statements has received significant attention, IFRS 18 introduces another
Following the absurdity expected to arise upon the initial application of IFRS 18, an amendment to IAS 28 was swiftly completed
In line with statements that preceded the publication of the IFRS 18 and its accompanying explanatory notes, operating profit was
The anticipated amendment to IAS 32, which addresses the critical distinction between equity and financial liabilities, should tackle a fundamental
A fast-track amendment to IAS 28 will allow the designation of investments in associates and joint ventures at fair value through
The statement of cash flows currently contains numerous distortions resulting from a view that the presentation of cash flows is
An IFRS Interpretations Committee staff paper provides further evidence of potential inconsistency arising from the requirement under IFRS 18 to
It is appropriate to undertake a fresh reconsideration of the relevance of the current structure of the statement of cash
Companies engaged in crypto asset trading that are publicly traded in the United States currently report their revenue from trading
Companies that Invest in associates and joint ventures accounted for using the equity method as part of their main business
