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Younglimwon SoftLab speeds up IFRS 18 response with ERP upgrades, expanded nationwide seminars

Younglimwon SoftLab is accelerating its response to IFRS 18 and Korea’s K-IFRS No. 1118, which apply to fiscal years starting on or after Jan. 1, 2027. The enterprise solution company is upgrading its ERP system and holding customer seminars across major regions. It said IFRS 18 changes income statement presentation and disclosure requirements, requiring companies to reclassify accounting data and manage comparative-period financial information.