Updates to Committee’s agenda decisions for IFRS 18

At its meeting in June 2025, the IFRS Interpretations Committee tentatively decided to propose:

1. replacing the references to IAS 1 Presentation of Financial Statements with references to the new or amended requirements in IFRS 18 Presentation and Disclosure in Financial Statements for nine agenda decisions that refer to the general requirements about presentation, materiality and aggregation of information in the financial statements; and
2. explaining how an entity applies the requirements in IFRS 18 Presentation and Disclosure in Financial Statements to the fact pattern addressed by the Agenda Decision Supply Chain Financing Arrangements—Reverse Factoring.

The proposed updates to these agenda decisions are published in IFRIC Update June 2025.