IFRS 18: PRESENTATION AND DISCLOSURE IN FINANCIAL STATEMENTS
Available Dates & Locations
COURSE OVERVIEW
IFRS 18, titled “Presentation and Disclosure in Financial Statements,” is a new standard issued by the International Accounting Standards Board (IASB) on April 9, 2024. It aims to improve the presentation and disclosure requirements in financial statements, making them more comparable and informative for users. This course is designed to equip finance professionals with the knowledge and skills necessary to understand and implement the new presentation and disclosure requirements in financial statements. The course will cover the rationale behind the changes, detailed guidelines on categorizing financial information, aggregation and disaggregation principles, the introduction of Management-defined Performance Measures (MPMs), and improvements to the statement of cash flows. Practical examples, case studies, and interactive workshops will be integral parts of the training to ensure participants can apply the concepts in real-world scenarios.
COURSE OBJECTIVES
By the end of this course, attendees will be able to:
- Gain a thorough understanding of IFRS 18 requirements and their implications.
- Analyze key changes in financial statement presentation under IFRS 18.
- Develop the ability to manage and disclose performance measures effectively.
- Interpret comparative financial information to enhance decision-making.
- Apply strategies for analyzing and improving cash flow statements.
TARGET COMPETENCIES
- Structure of Financial Statements.
- Qualitative Characteristics.
- IFRS 18 Requirements.
- Financial Statement Changes.
- Aggregation and Disaggregation Principles.
- Management-Defined Performance Measures.
- Comparative Information Insights.
- Cash Flow Analysis.
This course is designed for finance professionals, CFOs and finance managers, accountants, financial analysts, auditors, regulators and standard-setters, in addition to academics and students.
The course will be delivered through a combination of interactive lectures, group discussions, hands-on exercises, and real-world case studies, facilitating active engagement and knowledge retention among participants.
