IFRS 18 Is Here. Is Your Reporting Ready?
IFRS 18 replaces IAS 1, marking the most significant change to financial statement presentation in over two decades. While the standard doesn’t alter how profit is calculated, it fundamentally reshapes how financial performance is classified, presented, and disclosed, with heightened scrutiny on management-defined performance measures.
Effective from 1 January 2027, IFRS 18 requires 2026 comparatives to be restated, leaving finance teams with a narrow window to prepare. Yet many organizations have yet to assess its impact on their reporting processes, disclosures, and data workflows.
IRIS CARBON® helps finance teams transition with confidence by embedding IFRS 18 requirements into a controlled disclosure management workflow. By connecting data, narratives, review processes, and regulatory reporting, it enables a consistent, repeatable path to compliance
Inside, you'll discover
- Why IFRS 18 is more than a presentation change and how it impacts financial reporting processes, disclosures, and performance metrics.
- The four transition risks that can create reporting inconsistencies, reconciliation challenges, and compliance gaps.
- How IRIS CARBON® helps finance teams manage evolving reporting requirements with greater accuracy, transparency, and confidence.