Third ASCG Preparer Forum on the Implementation of IFRS 18

On 6 May 2025, the ASCG’s preparer forum on the implementation of IFRS 18 Presentation and Disclosure in Financial Statements met for the third time.

More than 80 representatives from ASCG’s members (companies, audit firms and associations) discussed, among other things, the following topics in an open discussion round:

• Presentation of income from operating leases from the lessor’s perspective in the statement of financial performance under IFRS 18,
• Accounting policy choice for the classification of income and expenses from cash and cash equivalents (for entities that provide financing to customers as their main business activity)
• Internal performance indicators and management-defined performance measures under IFRS 18, and
• Analysis of specified classified expenses by nature for entities that present their statement of profit or loss by function (disclosures in accordance with IFRS 18.83).

The preparer forum provides our members with insights into current developments and serves as a platform to discuss issues related to the implementation. We would like to thank our member companies and association for their participation and look forward for the fourth meeting of the preparer forum on the implementation of IFRS 18, which is expected to take place in July 2025.

The date for the next preparer forum has not yet been set. An announcement with a request for registration will be circulated in due course.