Four tools for the decisions IFRS 18 forces

IFRS 18 applies to annual reporting periods beginning on or after 1 January 2027, and comparatives are restated. So the year you have to restate begins a year before that, and whether it has already begun depends on nothing more than your year end.

This is new in IFRS 18, it is a judgement, and it decides where interest and dividends go. Nothing downstream can be settled before it is. The output here is a draft rationale for your file, because that is what an auditor will ask for rather than a category.

Teams generally know an MPM needs a reconciliation and cannot tell which of their own subtotals qualify. Three tests, all of which have to hold. The ones that catch people are measures used in a results presentation but never printed in the statements.

The first real task of implementation, and the one every consolidation vendor answers with a product demonstration. Paste your account names, one per line. A pasted trial balance works: the amounts are ignored.