27/02/2025 - One Month Left to Give Feedback on IFRS 18 Draft Endorsement Advice
Stakeholders have until 26 March 2025 to submit comments on the Draft Endorsement Advice (DEA) for IFRS 18 – Presentation and Disclosure in Financial Statements
Stakeholders have until 26 March 2025 to submit comments on the Draft Endorsement Advice (DEA) for IFRS 18 - Presentation and Disclosure in Financial Statements.
Why does IFRS 18 Matter?
IFRS 18 introduces enhancements to financial reporting affecting all entities, including:
The presentation of newly defined subtotals in the statement of profit or loss and the consistent classification of income and expenses into five defined categories;
The disclosure of information about management-defined performance measures (MPMs); and
Enhanced requirements for the grouping (aggregation and disaggregation) of information in both the primary financial statements and the notes.
What's EFRAG’s Preliminary Assessment?
EFRAG’s preliminary analysis concluded that IFRS 18 aligns with the EU endorsement criteria, balancing costs and benefits while supporting economic stability.
Share your comments by 26 March 2025 and ensure that a wide range of European perspectives shape the final endorsement decision.
- Download and complete the invitation to comment form
Submit your completed form here
For more information, access the updated Endorsement Status Report.
