IFRS 18 Management-Defined Performance Measures: Which Subtotals Count as an MPM
Your adjusted profit measures may now belong in the audited notes, so how do you tell which subtotals IFRS 18 treats as management-defined performance measures?
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IFRS 18 articles
Every published article on IFRS 18, newest first. Each one takes a lesson and sets out its judgements step by step, with every figure tied to the paragraph it rests on.
IFRS 18 Foreign Exchange and Derivatives: Where Each Gain or Loss Lands
How IFRS 18 decides the category for exchange differences, hedge gains and undesignated derivatives, worked through one South African importer.
IFRS 18 Mandatory Subtotals: Operating Profit and What Comes Next
How IFRS 18 builds two new subtotals in the statement of profit or loss, and why the second is not the first renamed.
IFRS 18 Financing Category: Where Interest and Similar Costs Belong
Which costs reach the IFRS 18 financing category, and why does the answer start with the liability rather than the word interest?
IFRS 18 Five Categories: How the New Statement of Profit or Loss Is Built
Operating, investing, financing, income taxes and discontinued operations: why the categories move subtotals but never profit itself.
IFRS 18 Scope and Effective Date: Which Years Does It Touch
Who falls inside IFRS 18, when it starts to apply and which comparative year the first statements have to show on the new basis.
IFRS 18 Investing Category: Which Income and Expenses Belong There
Learn how IFRS 18 decides which income and expenses sit in the investing category and why the asset behind a line matters more than its label.
Why Operating Is the Residual Category in IFRS 18
A plain explanation of how IFRS 18 defines operating by exclusion and what operating profit does and does not show.
Why IFRS 18 Exists: What It Replaces and What Changes in the Statement of Profit or Loss
Two companies with the same results could once publish very different income statements, and IFRS 18 was introduced to improve comparability.