IFRS 18: IFRS IC proposes to update 10 agenda
29 October 2025
With the upcoming implementation of IFRS 18, the IFRS Interpretations Committee (IFRS IC) has proposed to replace references to IAS 1 in nine agenda decisions with references to IFRS 18, the new standard for the presentation of financial statements
These references concern general requirements on the presentation, materiality and aggregation of information in financial statements.
A tenth agenda decision will be updated in order to explain how an entity applies the requirements in IFRS 18 to the fact pattern in the Agenda Decision Supply Chain Financing Arrangements—Reverse Factoring.
The comment period for the IFRS IC’s proposals on the ten agenda decisions (available here) runs until 6 October 2025.
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