IFRS 18 presentation and disclosure in financial statements – A Comprehensive Implementation Roadmap
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.
This program is available on request at mutually agreed locations (e.g., London, Dubai, Zurich, Toronto, Singapore, Cape Town, Miami, and beyond) and dates.
Advanced Insights and Leadership
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
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.
Join the Transformative 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.
Objectives
- 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.
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
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
Our trainers have specialist knowledge and first-hand experience in implementing the International Financial Reporting Standards (IFRS), International Public Sector Accounting Standards (IPSAS), Generally Accepted Accounting Principles (USGAAP), UK GAAP, Risk management strategies, Valuations, Mergers & Acquisitions, Corporate Governance, Environmental, social, and corporate governance (ESG) reporting, Supply Chain Management, Prudential regulations, Compliance matters (such as Basel regulations, Solvency II, Anti Money Laundering regulations and a number of other evolving regulatory matters) and a whole range of professional development programs (e.g., Negotiations Skills, Presentation Skills, Data Management, Python, Block-Chain, Digital Assets, Becker CPA etc.)
This ensures an engaging and stimulating learning experience for professionals and senior executives, helping to ensure knowledge is retained. They understand the accounting and regulatory requirements, risk environment, industry issues and challenges, risk management strategies, financial reporting & disclosure requirements, and compliance environment. They impart their knowledge using real-life industry examples, simple and user-friendly presentations of important concepts/approaches and case studies.
Instructor for this course
Shasat Faculty
Our Partners
Our Partners in Learning
Course Description
Day 1: 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
Day 2: 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
Day 3: Disclosure Requirements
- Comprehensive disclosure practices
- Management-defined performance measures (MPMs)
- Guidance on aggregation and disaggregation of financial information
- Group discussions and practical scenarios
Day 4: 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
Day 5: 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
Enroll now to secure your spot in this essential workshop and lead your organization to success with IFRS 18 compliance.
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 financial reporting and decision-making. The introduction of IFRS 18 brings significant changes and challenges to the financial reporting landscape. Staying ahead of these changes is crucial for maintaining compliance and ensuring accurate financial reporting.
This workshop offers finance executives a comprehensive and practical understanding of IFRS 18. You will gain insights into the new standards and how they impact financial statements. This knowledge is essential for informed decision-making and strategic leadership.
By attending our IFRS 18 Workshop, you will be equipped to navigate the complexities of the new standard. This will enhance your ability to lead your organization through the transition smoothly. Moreover, you will develop a detailed roadmap for implementing IFRS 18 within your organization. This ensures a smooth transition and compliance with the new standards.
Staying current with the latest amendments and best practices is crucial in today’s dynamic financial environment. This workshop provides you with the tools and knowledge to stay ahead. Thus, you will be well-prepared to meet stakeholder expectations and drive your organization forward.
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.
Teaching 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.
