The International Accounting Standards Board (#IASB) published #IFRS18, a new IFRS #Accounting Standard in April, which will significantly update the requirements for presentation and disclosures in the financial statements, with a particular focus on improving the reporting of financial performance. Nick Anderson, Member of the IASB, detailed the purpose and impacts of the new standard, and how it would help investors make better decisions. He also underscored that the Board is working closely with key stakeholders to ensure an appropriate balance of costs and benefits.
