05/06/2026
IFRS 18 is set to become effective for reporting periods beginning on or after 1 January 2027, introducing the most significant changes to financial statement presentation in decades. While the numbers themselves may not change, the way organisations present, explain, and communicate financial performance will.
In this article, Ackson Mapfundematsva CA(Z), Regional Director – Financial Management Services at Baker Tilly Central Africa, shares key insights into the new standard, why organisations should begin preparing now, and the practical implications for finance teams, boards, and stakeholders.
With retrospective application required and comparative information needing to comply from day one, early preparation will be critical to a smooth transition.
Read more in the full article and discover what your organisation should be doing today to prepare for IFRS 18.
Baker Tilly website: https://www.bakertillycentralafrica.com/insights/ifrs-18-the-clock-is-ticking-most-organisations-are-already-behind