Classification of income and expenses in the statement of profit or loss
Audit - IFRS 18IFRS 18 introduces a new way to classify income and expense in the statement of profit or loss. Our new Insight looks in detail at these new requirements.

Our ‘Insights into IFRS 18’ series explains the new requirements of IFRS 18, highlighting some areas of the standard that we believe will be challenging to apply in practice. They also aim to help users of IFRS financial statements to understand how financial statements will change when applying the new Standard.
This article provides a high-level snapshot of the new requirements of IFRS 18.
IFRS 18 introduces a new way to classify income and expense in the statement of profit or loss. Our new Insight looks in detail at these new requirements.
This article deals with the principal versus agent considerations of IFRS 15.
We have released the first Grant Thornton International IFRS Sustainability Disclosure Standards – Example Sustainability-related Financial Disclosures.