PFRS 18: New Accounting Standard for Philippine Financial Reporting

A Major Financial Reporting Shift Is Approaching in 2027 Financial reporting is about to go through an evolution — and it has been considered significant in recent years. With the issuance of the International Financial Reporting Standards (IFRS) 18 by the International Accounting Standards Board (IASB)  in April 2024, its international adoption is set to […]