
IFRS 18: New regulations, consequences, implementation
At the beginning of April 2024, the IASB introduced the new standard IFRS 18, which will replace IAS 1. What does this mean for companies in practice? Find out more now.
We combine technical expertise with digital technologies to deliver tailored solutions in accounting, financial and non-financial reporting.
Your expert for questions
Mirsad Grizovic
Lead Capital Markets & Accounting Advisory Services at PwC Germany
The role of finance and accounting in companies is undergoing dynamic changes. What was once considered a purely back-office function, is now developing into a strategic management tool that has a significant impact on a company's success. Finance departments in companies are currently undergoing rapid development and are playing an increasingly strategic role.
In this new era of transformation, we support companies in transforming their financial organizations into value-adding units. Through a holistic view of financial and non-financial reporting and targeted optimization of financial processes, we help you not only meet current requirements but also create future-proof structures. If your future lies in the capital market, we provide you with expert support throughout all phases of the capital market transaction and beyond. We also support you with our expertise in realigning your corporate structure, for example through spin-offs or divestitures. We rely on trust in technology and expertise, because only the combination of in-depth knowledge and innovative digital solutions can sustainably master the complex challenges of modern financial reporting.
Technology is also playing an increasingly important role in finance and accounting. Many companies are already using technology to varying degrees to meet rising regulatory requirements, including those relating to sustainability reporting, and to cope with the increasing complexity of financial reporting. However, the degree of automation and the use of artificial intelligence are still far from being fully exploited: simple applications such as document processing often still dominate. This shows that a high degree of digitalization remains untapped and that considerable potential still needs to be realized. Let’s unlock the value your finance function can deliver and set your company on a path to sustainable and future-ready success.
PwC’s Capital Markets & Accounting Advisory Services team supports you with all matters related to accounting and reporting: from German GAAP to IFRS, and down to specific questions on financial statements or management reports.
“In the digital age, the finance function is becoming the driving force behind strategic decisions. We help companies master reporting and create future-proof structures that add value. Together, we are shaping the financial world of tomorrow.”
Do you have questions about tax accounting, revenue recognition, group accounting or accounting for intangible assets? Do you need support with the requirements of the ESEF Regulation? Do you want to change your accounting or structure (business) transactions?
At the beginning of April 2024, the IASB introduced the new standard IFRS 18, which will replace IAS 1. What does this mean for companies in practice? Find out more now.
PwC-Study: Standard processes for data delivery hardly exist
Sustainable is the new profitable. Together, we will empower your company to transform into a sustainable business.
From pure compliance to value-oriented management and stakeholder communications
Mirsad Grizovic
Lead Capital Markets & Accounting Advisory Services, PwC Germany
Tel: +49 171 5543648