Today we had a great functional analysis session with a FCCS user who’s very good at consolidation (a former auditor, he always teaches us a lot) to see the impacts of adopting IFRS 18.
The standard must become effective from the FY 2027 closings, but it must be implemented in EPM tools for the FY 2026 comparative periods, which should therefore include—in parallel—a closing on the existing P&L structure and a closing on the new P&L structure that introduces the new operating/investment/financial margins.
We are available for an assessment to jointly evaluate the solutions for consolidation tools.
Have a good evening.