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.
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IFRS 18 replaces IAS 1 articles
Every published article tagged IFRS 18 replaces IAS 1, 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 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.
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.