BDO publishes IFRS Accounting Standards In Practice – Classification of Loans as Current or Non-current (2025/2026)

BDO’s publication provides an overview of the requirements of IAS 1 Presentation of Financial Statements related to classification of loans with covenants as current or non-current. The publication includes a flow chart to help in determining the classification of loans as current or non-current, along with application of the flow chart to multiple scenarios. The latest update to the publication includes additional examples to illustrate the requirements.

The IFR Bulletin may be accessed here.