You are wrong if you think IFRS 18 Presentation and Disclosure in Financial Statements is a boring new standard that has no real impact, says top tutor Tom Clendon.
As he says in his latest piece in PQ magazine, students need to understand there is nothing more an examiner likes testing than a new standard!
IFRS 18 has the laudable objective of trying to ensure that the financial statements are relevant and faithful and was introduced because investor concerns about comparability and the lack of transparency.
Check out more in the November issue (it’s in page 27): https://issuu.com/pqpublishing/docs/pq_magazine_november_2025.
If you want to keep ahead of the curve then you need to be reading PQ magazine – always first with the news! We aim to inspire, connect and entertain, so sign up for your free subscription to the magazine at www.pqmagazine.com.
