Approaching the initial application of IFRS 18: Agile Accounting Planning Can Lead to Growth in Equity and Profitability
Following the absurdity expected to arise upon the initial application of IFRS 18, an amendment to IAS 28 was swiftly completed
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IFRS 18 Implementation Issues: Operating Profit is too Important to be Defined as a Residual Category
In line with statements that preceded the publication of the IFRS 18 and its accompanying explanatory notes, operating profit was
The IASB’s Quick Fix for the Distortion Created by IFRS 18 in the Presentation of Operating Profit in Entities Whose Primary Business Activity is Investment in Assets
A fast-track amendment to IAS 28 will allow the designation of investments in associates and joint ventures at fair value through
Advancing Toward an Economic Principle for Cash Flow Reporting: How to Prevent Distortions and Manipulations in the Statement of Cash Flows
The statement of cash flows currently contains numerous distortions resulting from a view that the presentation of cash flows is
Classification Inconsistency in Equity Method Results under IFRS 18: Further Evidence—The Case of Separate Financial Statements
An IFRS Interpretations Committee staff paper provides further evidence of potential inconsistency arising from the requirement under IFRS 18 to
How Should a Statement of Cash Flows be Presented Following IFRS 18
It is appropriate to undertake a fresh reconsideration of the relevance of the current structure of the statement of cash
Unprecedented Disclosure Requirements in IFRS on Business Combinations: Where else should the Trend to adopt the Management Approach Go?
IFRS has taken a significant step forward with a proposal for disclosure requirements of management key objectives and related targets