Starting in 2027, companies will face significant changes in the presentation of their financial statements as a result of the implementation of IFRS 18. One of the main changes is to present operating income as a subtotal in the income statement.
Why is this important?
Operating income provides insight into the performance generated by a company’s core business. Its standardized reporting format will make it easier to compare companies, as well as enable investors, shareholders, and financial institutions to analyze corporate performance with greater clarity.
Foreign Exchange Gain or Loss
Gains or losses from foreign exchange will also be subject to new reporting rules. Depending on their relationship to the company’s core business, they may be included in operating income or reported under other categories (Investment or Financing). This will be particularly relevant for importers, exporters, and companies with international operations.
What should companies do?
Implement the IFRS 18 by 2027. Recommended tasks include:
- Review the chart of accounts.
- Analyze the current financial statements.
- Identify necessary changes. • Identify necessary changes.
- Provide training to the finance team.
- Prepare comparative data.
- Measure the impact on financial indicators.
Source: Gestión (Peruvian Newspaper) — information on accounting changes related to IFRS 18, August 31, 2026.
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