IFRS 18: Part III - grouping information

Other requirements for presentation and disclosure of information

IFRS 18, Presentation and Disclosure in Financial Statements, is a standard that will affect all companies to some extent, and in terms of its implementation most companies more than they perhaps realise at present if they are focusing on its new requirements for income statement formats. This is because it also introduces new provisions related to the use of certain alternative performance measures, and new principles for the aggregation of data, both of which are likely to change reporting behaviours.