Lesson · IFRS 18
The disclosure that follows a presentation by function
State the disclosure required once an entity presents any operating expense by function.
13 minutes Standard as at 22 October 2026
What you will be able to do
- State the disclosure required once an entity presents any operating expense by function
- Identify the specified expenses by nature that must be disclosed
- Build the disclosure for an entity presenting a mixed statement
- Explain what a reader loses without it, so the requirement is not read as bureaucracy
This is a preview of a member lesson. The full lesson is in the IFRS 18 library, open to everyone who enrols.
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IFRS and SAM, one requirement at a time
Each week you get the Institute's new articles: one requirement of IFRS 17, IFRS 9, IFRS 15, IFRS 18 or SAM, worked on a South African case. You start with the free IFRS 18 readiness checklist, ten areas to work through before IFRS 18 takes effect, each with its paragraph reference.