IFRS Accounting Standards In Practice – Classification of Loans as Current or Non-current (2025/26)
IFRS Accounting Standards In Practice – Classification of Loans as Current or Non-current (2025/26)
BDO has released the IFRS Accounting Standards in Practice – Classification of Loans as Current or Non-current (2025/2026). This publication offers a comprehensive overview of IAS 1 Presentation of Financial Statements, specifically focusing on how to classify loans with covenants as either current or non-current. It includes a helpful flowchart designed to guide the classification process, along with practical examples that apply the flowchart to various scenarios. The latest edition also incorporates new examples to further clarify the requirements.