IFRS 18 – Presentation and Disclosure in Financial Statements

IFRS 18 – Presentation and Disclosure in Financial Statements

The International Accounting Standards Board (IASB) published IFRS 18 in April 2024, which deals with the presentation and disclosure requirements in financial statements. This new standard will replace the current IAS 1 and is required to be applied for financial...
Cash Flow Statement

Cash Flow Statement

What is a Cash Flow Statement? The Cash Flow Statement allows us to understand the movements of cash during a given period (for example over a month, quarter, or year). It is divided into three flows: Operating Activities: This section analyzes the cash generated (or...