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vendredi 12 juillet 2024
Tous les titres

 

Fax du vendredi 12 juillet 2024 - Tous les titres

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Transparency matters: Preparing for IFRS 18's influence on financial reporting

By Léna Le GAL, Mayank NAGAYACH and Caroline NICOLETTI, EY Luxembourg   The introduction of IFRS 18 requires entities reporting under IFRS to disclose clear, comprehensive information to enhance financial transparency. It demands businesses to be prepared for significant operational shifts, especially in terms of updating and overseeing their systems and procedures, as there will be changes in how the income statement is structured. Companies must address these changes promptly to ensure readiness for the upcoming implementation.   Key points: - IFRS 18 is set to replace IAS 1, aiming to fulfill investor demands for more insightful information...
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