IFRS 18 - Presentation and Disclosure in Financial Statements - guidance

[TomiP]

Hi,

Has anyone come across any SAP Notes, tips, best practices, setup guidance, or brainstorming related to IFRS 18?

thanks,
Tomi

[JAnnapureddy]

If the customer implemented  Group Reporting, you have the option to leverage the Reporting Item for the functional income statement (for presentation purposes) and functional area adjustments. You can use simple reclassifications to reclassify the balances for presentation purposes.

[TomiP]

Hi JAnnapureddy,

Do you have any timeline for that blog to cover IFRS 18 impact to S4/GR?

Thanks,
Tomi 

[Trizzi]

Hello yes please I'm also interested on this blog thank you

[TomiP]

Hi JAnnapureddy,

Is there still a plan to set up that blog for IFRS 18?
At least we are already preparing for this, since comparative information is needed from 2026, even though the standard does not take effect until the beginning of 2027.
It would be very helpful and much appreciated to get some SAP insights on this topic.

thanks,
Tomi

thanks,
Tomi 

[willsakaguchi]

JAnnapureddy - We're getting a lot of questions from the field. Any updates on the blog?

[TomiP]

Hi JAnnapureddy,

[TomiP]

Hi JAnnapureddy, thanks for clarifying this. Just a comment that not that professional to change the original comment => "At this time, there is no much content on the IFRS 18. I am planning to publish a simple blog to meet the IFRS 18 scope items from GR and S4 Finance". But good to know that there is no blog coming so we can stop waiting for that.