| Information | The IASB has issued IFRS 18 the new standard on presentation and disclosure in financial statements with a focus on updates to the statement of profit or loss. The key new concepts introduced in IFRS 18 relate to:
the structure of the statement of profit or loss
required disclosures in the financial statements for certain profit or loss performance measures that are reported outside an entity’s financial statements (that is management-defined performance measures) and
enhanced principles on aggregation and disaggregation which apply to the primary financial statements and notes in general. |
