author_orbitax
Orbitax

Share This Article

New IFRS Accounting Standard to Aid Investor Analysis of Companies' Financial Performance

17 April 2024

|

Approved Changes

|

International Accounting Standards Board

On 9 April 2024, the International Accounting Standards Board (IASB) announced the completion of its work to improve the usefulness of information presented and disclosed in financial statements. --- New IFRS Accounting Standard will aid investor analysis of companies' financial performance The International Accounting Standards Board (IASB) today completed its work to improve the usefulness of information presented and disclosed in financial statements. The new Standard, IFRS 18 Presentation and Disclosure in Financial Statements, will give investors more transparent and comparable information about companies' financial performance, thereby enabling better investment decisions. It will affect all companies using IFRS Accounting Standards....