IFRS S1 and S2 Implementation Workshop | 5-Day | GID 41000

Instructor Bio

Our Faculty: Expertise That Drives Success

Our faculty members are distinguished experts with a proven track record across a wide spectrum of specializations, including International Financial Reporting Standards (IFRS), International Public Sector Accounting Standards (IPSAS), US GAAP, UK GAAP, risk management strategies, valuations, mergers & acquisitions, corporate governance, ESG reporting, Green Deal compliance, supply chain management, prudential regulations, and compliance frameworks such as Basel, Solvency II, and Anti-Money Laundering (AML). Their proficiency extends to cutting-edge professional development programs, encompassing negotiation techniques, impactful presentations, data analytics, Python programming, blockchain, digital assets, and Becker CPA.

What sets our faculty apart is their ability to seamlessly merge real-world experience with theoretical rigor, offering insights that address the complexities of today’s dynamic business landscape. They craft learning experiences that are interactive, practical, and deeply relevant, enabling professionals and senior executives to acquire actionable knowledge they can implement immediately.

With a commitment to excellence, our expert instructors create a stimulating environment that enhances knowledge retention, builds critical skills, and empowers participants to excel in their careers. Whether you aim to master technical competencies, refine strategic thinking, or explore emerging opportunities, our faculty delivers the expertise and support you need to achieve transformative success.

Instructor for this course

The course instructor will be one of our highly experienced faculty members.

Our Partners

Our Partners in Learning

Course Description

Day 1: Foundations of IFRS S1 and S2

• TCFD to IFRS S1 and S2
• IFRS S1:
  • Core principles: relevance, faithful representation, consistency, and comparability.
  • Key disclosure areas: governance, strategy, risk management, metrics, and targets.
  • Integration of sustainability information with financial reporting.
  • Alignment with frameworks like TCFD and materiality concepts (dynamic and double materiality).
• Overview of IFRS S2:
  • Climate-related disclosures: governance, strategy, risk management, and metrics.
  • Addressing transition and physical climate risks and their financial implications.
• Global and EU Alignment:
  • Understanding interoperability between IFRS S1/S2 and ESRS for cohesive reporting.
  • Challenges and opportunities in aligning frameworks.
• Case Study: Analyze how a multinational company aligns IFRS S1 and S2 with ESRS requirements.
• Group Exercise: Identify gaps in sustainability reporting practices for a mock company and suggest improvements.

Day 2: Data Challenges and Materiality Assessment

• Addressing Data Challenges:
  • Strategies for collecting, validating, and integrating sustainability data.
  • Tools and technologies to ensure accuracy and consistency in data reporting.
• Materiality in Reporting:
  • Applying dynamic and double materiality under IFRS S1 and ESRS.
  • Identifying material risks and opportunities relevant to financial and sustainability impacts.
• Metrics and Targets:
  • Industry-specific metrics for IFRS S2 compliance.
  • Scenario analysis and greenhouse gas emissions (Scope 1, 2, and 3).
• Example: Develop a materiality matrix for a global energy company.
• Group Exercise: Conduct a materiality assessment for a sample organization and discuss results.

Day 3: Implementation Roadmap and Circular Economy Integration

• Creating an Implementation Roadmap:
  • Step-by-step guide to embedding IFRS S1 and S2 into organizational reporting processes.
  • Key milestones, stakeholder roles, and required resources.
• Circular Economy and Sustainability:
  • Incorporating circular economy principles into IFRS S1 and ESRS reporting.
  • Examples of reporting on circular economy initiatives under multiple frameworks.
• Interoperability with ESRS:
  • How to align IFRS standards with ESRS to reduce duplication and enhance consistency.
  • Best practices for managing multi-framework compliance.
• Case Study: Explore how a consumer goods company integrated circular economy principles into sustainability reporting.
• Group Exercise: Develop an implementation roadmap for a hypothetical organization, including circular economy initiatives.

Day 4: Assurance and Investment-Grade Reporting

• Building Assurance Processes:
  • Ensuring data accuracy, reliability, and credibility.
  • Role of third-party assurance in building stakeholder trust.
• Achieving Investment-Grade Reporting:
  • Meeting investor expectations through clear, reliable, and actionable disclosures.
  • Demonstrating financial and sustainability impacts in a cohesive manner.
• Metrics and Disclosure Assurance:
  • Strategies to verify and communicate key metrics, including climate-related targets.
• Case Study: Review a company’s approach to achieving investment-grade ratings for sustainability disclosures.
• Group Exercise: Design an assurance process for a case study organization and recommend improvements for investment-grade reporting.

Day 5: Best Practices and Future-Proofing Reporting Systems

• Real-World Applications:
  • Analyze successful implementations of IFRS S1 and S2 by leading companies.
  • Lessons learned from integrating IFRS standards with ESRS requirements.
• Future-Proofing Reporting:
  • Adapting to evolving regulatory requirements and stakeholder expectations.
  • Leveraging technology for scalable and efficient reporting.
• Comprehensive Case Study: Develop a full sustainability reporting strategy for a real-world scenario, addressing IFRS S1, S2, and ESRS alignment.
• Group Presentations: Share strategies and actionable insights from the group case study.

Why you must attend?

In today’s rapidly evolving regulatory landscape, businesses face growing demands for transparency and accountability in sustainability reporting. Attending this workshop equips you with the tools and expertise to confidently implement IFRS S1 and S2 while ensuring seamless interoperability with ESRS. You will gain actionable insights to tackle challenges such as data integration, aligning with circular economy principles, and achieving investment-grade reporting. By mastering these frameworks, you can position your organization at the forefront of sustainable business practices, ensuring compliance and building long-term stakeholder trust.

This program goes beyond theoretical knowledge, offering hands-on strategies to address real-world obstacles like data collection, assurance, and multi-framework alignment. Learn from industry experts and case studies to develop a robust roadmap for sustainability disclosures, enhance decision-useful reporting, and secure third-party assurance. Whether you are a sustainability leader, financial professional, or corporate executive, this workshop is your gateway to navigating complex reporting requirements while demonstrating leadership in global and EU markets.

Who Should Attend?

This 5-day course is tailored for professionals who are actively engaged in sustainability reporting, regulatory compliance, and corporate strategy. If your role involves implementing or aligning with IFRS S1, S2, or ESRS, this program provides the essential knowledge and tools for success.

• Sustainability and ESG Officers: Lead your organization’s sustainability initiatives by mastering IFRS S1 and S2, ensuring compliance with ESRS, and driving impactful change.
• Finance and Reporting Professionals: Gain insights into creating transparent and investment-grade disclosures that meet both regulatory and investor expectations.
• Corporate Executives and Leaders: Strategically align business operations with global and EU sustainability frameworks to enhance resilience and competitiveness.
• Data and Assurance Specialists: Tackle the challenges of data integration, accuracy, and assurance to deliver credible and reliable sustainability reports.
• Legal and Compliance Teams: Ensure multi-framework compliance, mitigate risks, and adapt to evolving global and EU regulatory landscapes.
• Supply Chain and Circular Economy Strategists: Embed circular economy principles into reporting practices, aligning with broader sustainability goals.

Whether you are driving ESG reporting, aligning with EU regulations, or preparing for future sustainability challenges, this course delivers actionable insights, best practices, and real-world strategies tailored to your professional needs.

Teaching methodology

• User-friendly slide deck presenting concepts, methodologies, and principles
• Interactive sessions with real-life case studies
• Explanations of concepts and methodologies through examples and scenarios
• Group exercises illustrating accounting principles and encouraging collaboration
• Discussions on differences in disclosure requirement’s of different regulatory bodies, industry issues, and diversity in practices
• Access to additional course material and handouts
• Open and inclusive atmosphere encouraging questions and discussion

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

Sponsorship

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.

Terms and Conditions

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.

About shasat

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.

CPD hours

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.

Enquiries

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.