4min chapter

IFRS Talks - PwC's Global IFRS podcast cover image

September 2024: IFRIC Update

IFRS Talks - PwC's Global IFRS podcast

CHAPTER

Transitioning from IAS 1 to IFRS 18: Updating Past Decisions

This chapter covers the updates required for the shift from IAS 1 to IFRS 18, emphasizing the adjustments needed for past agenda decisions. It includes a practical example related to supplier finance, showcasing the implications of the transition on guidance and references.

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