Lesson · IFRS 18
What carried over from IAS 1 unchanged, and the consequential amendments
Identify the IAS 1 requirements that IFRS 18 carries forward without substantive change.
12 minutes Standard as at 19 October 2026
What you will be able to do
- Identify the IAS 1 requirements that IFRS 18 carries forward without substantive change
- State what a complete set of financial statements comprises and the identification requirements
- Apply the frequency of reporting, consistency of presentation and comparative information requirements
- Name the standards amended consequentially and what changed in each
This is a preview of a member lesson. The full lesson is in the IFRS 18 library, open to everyone who enrols.
Free · one email a week
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.