IFRS 18: Presentation and Disclosure in Financial Statements – A Comprehensive Implementation Workshop
As the financial sector prepares for the pivotal implementation of IFRS 18, existing presentation and disclosure practices in financial statements will transform. Our meticulously designed 5-day IFRS 18 workshop equips senior finance executives to lead this shift. This program provides CFOs, finance directors, and other finance executives with a profound, detailed, and strategic understanding of IFRS 18. Therefore, they will be able to navigate its complexities and nuances effectively.
The objective of his comprehensive workshop is to:
- Comprehensive Insight: Demystify the complexities of IFRS 18. Offer a thorough understanding of its components and provide the strategic acumen to leverage them for business excellence.
- Strategic Leadership: Equip finance executives with the knowledge to spearhead IFRS 18 discussions. Make them pivotal in shaping the future of their organizations in the context of global standards.
- Implementation Roadmap and Planning: Provide a clear roadmap for the implementation of IFRS 18. Include planning strategies and key milestones to ensure smooth adoption.
- Decision-Making Acumen: Foster a deep comprehension of IFRS 18 presentation and disclosure requirements. Empower finance executives to make informed, strategic decisions.
- Risk Management and Compliance: Provide critical insights into the impact of IFRS 18 on financial reporting. These insights are crucial for navigating financial reporting and managing risk and compliance challenges with finesse.
- Future-Ready Executives: Position participants at the vanguard of industry evolution. Equip finance executives to steer their organizations through the technical and strategic intricacies of IFRS 18.
Management Reporting and the Use of Non-GAAP Performance Measure
Participants will gain advanced insights into the critical aspects of IFRS 18. These aspects include the new presentation requirements and comprehensive disclosure practices. These insights are essential for informed decision-making and strategic leadership. The new standard mandates the classification of all income and expenses into specific categories. These categories are operating, investing, financing, income taxes, and discontinued operations. This classification enhances transparency and comparability in financial statements.
This course goes beyond mere compliance. It empowers finance executives to refine financial strategies, enhance risk management, and boost profitability. By understanding the detailed requirements of IFRS 18, including the disclosure of management-defined performance measures (MPMs) and guidance on aggregation and disaggregation, participants will excel in the rapidly evolving financial landscape. Consequently, they will maintain a competitive edge as they shape the future of the industry.
Critical Aspects of IFRS 18 Implementation
The program agenda delves deep into the critical aspects of IFRS 18. It focuses on its impact on financial statements and the necessary disclosures. Participants will explore strategies to manage these challenges adeptly. They will learn the presentation of required totals, subtotals, and the new categories within the statement of profit or loss.
This immersive educational experience fortifies finance executives with the skills necessary to optimize their organizational roles. The course covers the new requirements for aggregation and disaggregation of financial information. Executives will learn to effectively implement the standard’s principles to provide clear and structured financial summaries and supplementary notes.
Transformative IFRS 18 Masterclass
Join us for this transformative IFRS 18 Masterclass. Elevate your understanding of IFRS 18 to new heights. This exclusive program enhances your expertise, positioning you as an indispensable strategist within your organization.
Equipped with advanced insights and newfound confidence from our program, you will be uniquely prepared to drive your business forward. You will make decisions of strategic significance with precision and propel your distinguished career to new heights. We invite you to join this top-tier professional development program. Enhance your role as a crucial contributor to your organization’s success in the financial sector.
Key Learning Features
- Impact of IFRS 18 on Business Strategy: Insights for Senior Executives
- Extensive Coverage of IFRS 18 Accounting: Challenges and Solutions
- In-Depth Examination of IFRS 18 Requirements: Presentation and Disclosures
- Expertise in Preparing Financial Statements Under IFRS 18: Practical Examples
- Methods for Effective Disclosure: Communicating Significant Judgments and Estimates
- Analysis of Risk Management and Financial Performance Disclosures: Best Practices
- Implementation Roadmap and Planning: Strategies for successful adoption and integration of IFRS 18
Global Program Schedule
This program is available on request at mutually agreed locations (e.g., London, Dubai, Zurich, Toronto, Singapore, Cape Town, Miami, and beyond) and dates.
Online | London | Singapore | Toronto | Hong Kong | Dubai | Sydney | Cape Town | Miami | | Rio De Janeiro
For More Information
Reach out to our customer service team for information regarding the IFRS 18 Presentation and Disclosures in Financial Statements training course.
Instructor Bio
The course instructor will be one of our highly experienced faculty members.
Our Faculty: Expertise That Drives Success
Shasat is proud to have over 30 world-renowned faculty members, each an expert in their respective fields, who share their hands-on implementation experience through our technical and professional development programs.
This program is led by one of Shasat’s distinguished financial-reporting experts, with extensive experience in implementing and interpreting IFRS standards across major corporations and financial institutions. The instructor combines deep technical knowledge with practical insights, guiding participants through the key principles, presentation, and disclosure requirements introduced by IFRS 18 – Presentation and Disclosure in Financial Statements, and their strategic implications for corporate reporting and performance communication..
Our faculty combine real-world expertise with academic rigor, ensuring every session is interactive, relevant, and outcomes-driven. Participants gain practical tools, case-based insights, and strategic frameworks that can be immediately applied to enhance sustainability reporting and corporate governance within their organisations.
Our Partners
Our Partners in Learning
Course Description
- Introduction and Overview
- Overview of IFRS 18
- Key changes and their impact on financial reporting
- Understanding the new categories: operating, investing, financing, income taxes, and discontinued operations
- Group case studies on identifying key changes
- Presentation Requirements
- Detailed presentation requirements under IFRS 18
- Classification of income and expenses
- Specified totals and subtotals: operating profit or loss, profit or loss before financing and income taxes, and profit or loss
- Hands-on exercises and examples
- Disclosure Requirements
- Comprehensive disclosure practices
- Management-defined performance measures (MPMs)
- Guidance on aggregation and disaggregation of financial information
- Changes to the cash flow statement
- Group discussions and practical scenarios
- Advanced Insights and Practical Applications
- Advanced insights into IFRS 18
- Real-world applications and case studies
- Understanding the roles of primary financial statements and notes
- Group exercises to apply advanced concepts
- Implementation Roadmap
- Step-by-step guide to implementing IFRS 18
- Planning strategies and key milestones
- Retrospective application in annual and interim financial statements
- Group case studies on implementation strategies
The above agenda for the IFRS 18 Workshop is the intellectual property of Shasat and should not be copied, reproduced, or distributed without written permission from Shasat. Unauthorized use or distribution of this material is strictly prohibited.
© 2024 Shasat. All rights reserved.
Why you must attend?
As a finance executive, you understand the critical role that International Financial Reporting Standards (IFRS) play in shaping financial reporting and decision-making. The introduction of IFRS 18 represents a major shift in presentation and disclosure requirements, creating new challenges and opportunities for finance teams. Staying ahead of these developments is essential to maintaining compliance, ensuring accuracy, and supporting strategic communication with stakeholders.
This 5-day comprehensive IFRS 18 Implementation Workshop is designed for organisations preparing to implement the new standard and wishing to ensure their teams are fully aware of the steps required. Through detailed guidance, case studies, and discussions of common challenges, participants will gain a practical understanding of IFRS 18, including its implications for financial statements, governance, and performance reporting.
By attending this program, finance leaders will be equipped with a clear implementation roadmap, a deep understanding of emerging issues, and exposure to best practices from across industries. This structured approach will help you guide your organisation confidently through the transition, align reporting frameworks with IFRS 18 requirements, and enhance the overall quality and transparency of financial reporting.
In an evolving regulatory environment, continuous learning and preparation are critical. This workshop provides the insight, tools, and strategies necessary to achieve a smooth and compliant implementation while positioning your organisation for long-term reporting excellence.
Key Takeaways
- Comprehensive Insight: Gain a deep understanding of IFRS 18 components and principles.
- Strategic Leadership: Equip yourself to lead IFRS 18 discussions and implementation in your organization.
- Implementation Roadmap: Receive a step-by-step guide for transitioning to IFRS 18. This includes planning strategies and key milestones.
- Practical Application: Develop skills to apply IFRS 18 to complex financial transactions.
- Stay Current: Keep up-to-date with the latest amendments and best practices in IFRS 18.
- Enhance Credibility: Boost your professional standing and advance your career.
Don’t miss this opportunity to enhance your professional credibility. Take your career to the next level. Enroll in the IFRS 18 Workshop today and gain the knowledge and skills you need to succeed in today’s dynamic financial environment.
Learning Methodology
The training program employs a comprehensive and engaging approach to learning. This is designed to deliver maximum impact and retention. The methodology includes:
- User-Friendly Slide Deck: Concepts, methodologies, and principles of IFRS 18 are presented clearly and concisely.
- Interactive Sessions: Real-life case studies provide hands-on experience and illustrate the practical application of IFRS 18.
- Explanatory Examples: Detailed scenarios illustrate the material in context.
- Group Exercises: Collaborative activities reinforce accounting principles and enhance understanding.
- Industry Discussions: Covering GAAP differences (IFRS vs. US GAAP), industry issues, and diverse practices.
- Additional Resources: Access to course materials and handouts for comprehensive learning.
- Inclusive Atmosphere: Encourages questions and discussion for thorough understanding.
Who Should Attend?
The IFRS 18 Workshop is ideal for financial professionals seeking to update their knowledge of IFRS 18 accounting standards. It is perfect for finance executives, accountants, auditors, financial analysts, and other professionals involved in financial reporting and decision-making. Participants should have a basic understanding of financial reporting and accounting principles. It is also suitable for those who have completed basic accounting courses and wish to enhance their skills and knowledge of IFRS 18 standards.
Feedback
Upon completion of the course, all delegates will receive an evaluation questionnaire aimed at gathering valuable feedback. This feedback is crucial to Shasat’s ongoing commitment to improving the quality of its learning solutions. By analyzing the trends in the responses, we are able to continuously enhance and refine our offerings to meet the evolving needs of our clients.
Venue & other info
Our training programs take place at the most prestigious professional training facilities in the city. Our venues have been meticulously chosen and expertly crafted to deliver an unparalleled and sophisticated learning experience. To further elevate your training journey, we will offer an array of refreshments including gourmet tea/coffee, delectable snacks, and a sumptuous lunch to sustain you throughout the course. Your comfort and satisfaction are of the utmost importance to us. One week before the program begins, you will receive comprehensive joining instructions that include the exact venue details.
Please note that accommodation arrangements are the responsibility of the attendee.
Workshop Delivery (Online Programs)
The workshop will be delivered via the WebEx platform. Upon registration, all participants will receive comprehensive joining instructions for the live workshop. This fully virtual event will encompass a live-streamed presentation, personalized networking opportunities, interactive Q&A sessions, engaging polls, and post-event consultation to address specific concerns and support your continued growth.
In-Person Workshop
Please be advised that for all in-person training programs, joining instructions will be sent via email to registered participants one week prior to the program’s commencement. These instructions will provide comprehensive information regarding the venue location, date, and time, as well as other important details such as parking arrangements, dress code, and any necessary equipment or materials. Kindly ensure that you carefully review the joining instructions and follow the guidelines provided to ensure a smooth and well-organized experience during the program.
Changes to the conference
Shasat reserves the right, at its sole discretion, to make modifications to the format, speakers, participants, content, venue location, program, or any other aspect of the conference, at any time and for any reason, without incurring any liability. This policy has been implemented due to recent events such as the Covid-19 pandemic and other jurisdictional restrictions. These modifications may include but are not limited to, changes necessitated by a Force Majeure Event
We are pleased to offer sponsorship opportunities for our training programs, providing companies with a unique platform to showcase their brand and services to a highly engaged and relevant audience. By becoming a sponsor, your organization will have the opportunity to build brand awareness, demonstrate thought leadership, and cultivate valuable relationships with industry professionals. Our programs offer a platform to reach a targeted audience and generate new business leads while showcasing your expertise. The benefits of sponsorship include increased brand exposure, opportunities to connect with key decision-makers, and a platform to promote your products and services. We invite you to take advantage of this prime opportunity and partner with us to enhance your visibility and impact within the industry.
We kindly request that you carefully review all of the terms and conditions outlined on our website. This information is critical in ensuring a clear understanding of our policies and procedures. Please follow the link provided to access this information.
Discover more about Shasat by exploring our “About Us” page, where you can gain insights into our company’s mission, values, and history, and learn how we can help you achieve your goals.
Payment
Enroll in our program with ease by choosing from our secure online payment options. You can make a payment through our website using PayPal or Stripe, or opt for a bank transfer, demand draft, or cheque payment. Our payment page will provide all necessary options during checkout. If you encounter any issues, our customer service team is here to assist you. Simply reach out to us with your selected course, and we’ll guide you through the payment process.
We kindly request that you take into consideration any associated bank fees when making your course fee payment. To ensure your participation in the program, payment must be received before the course date. Once we have received both payment and a completed registration form, we will confirm your enrollment in the program. Thank you for your understanding and cooperation.
Group discount
Our company is proud to offer a group discount of 15% for organizations or individuals who book a course for 5 or more participants. To take advantage of this offer and receive a personalized group discount code, please reach out to our customer service desk at info@shasat.com. Our team will be delighted to assist you with the booking process and answer any questions you may have. With this group discount, you can invest in the professional development of your team and drive success for your organization. Don’t hesitate to contact us today to learn more.
Upon successful completion of the training course, each participant will receive a certificate of completion that attests to the number of hours spent in training and serves as a valuable representation of their dedication to professional development. The certificate is not only a symbol of their achievement but also serves as proof of continuous professional development (CPD) and demonstrates their commitment to staying current in their field. We believe that CPD is a crucial aspect of career advancement and personal growth, and are proud to provide our participants with this important document.
For further assistance, we invite you to contact our dedicated customer service team. Our experienced and knowledgeable representatives are available to answer any questions you may have and provide the support you need to make informed decisions. We are committed to ensuring that you have a positive experience and are here to help in any way we can. Please don’t hesitate to reach out to us at your convenience.
In-House Training
Enhance your team’s skills and drive success for your business with our custom In-house training program. Our tailored approach aligns with your specific business needs, offering a cost and time-efficient solution for upskilling your employees. This not only improves their productivity but also positions your company as a competitive force in the market. Transform your investment in employee development into tangible results by choosing our In-house training option. To discuss and learn more about our services, please don’t hesitate to contact our training desk. We’re ready to help you create a bespoke program that’s just right for you.
