31/08/2026
Introducing IFRS 18 – Presentation and Disclosure in Financial Statements
IFRS 18 replaces IAS 1 and introduces new requirements for the presentation and disclosure of financial information. The standard includes:
-New required totals and subtotals
-Disclosure of management-defined performance measures
-Enhanced guidance on grouping and presenting information
IFRS 18 is effective for reporting periods beginning on or after 1 January 2027 and is expected to affect organisations across all industries.
RSM in the UAE can help businesses understand the changes and prepare for implementation. Contact us to learn more.