Post by Angelica Rojas Flores
Full time MBA @HHL | Finance | Entrepreneur | Midnight Ambassador Leader
In April 2024, the International Accounting Standards Board (IASB) quietly rewrote how every listed company on earth will report its performance. It's called IFRS 18. It's mandatory from 2027. And it's built to make companies more transparent. So why are some CFOs nervous? Because transparency cuts both ways. The same rules that help investors can expose exactly what a competitor wants to see. That's the transparency trap. In Part 1 of my new series, I break down what IFRS 18 actually changes ā and why a privacy technology like the one Midnight is building might be the unlikely way to be transparent AND protect what's sensitive. Straight from my MBA thesis on IFRS 18 and the future of financial communication. š Full article below. Is more disclosure always better ā or can transparency go too far? #IFRS18 #FinancialReporting #Accounting #FutureOfFinance