Programme Overview
IFRS 18 changes how financial statements are put together — new categories in the income statement, two new required subtotals, and new rules on disclosing the performance measures management uses. This programme walks preparers and finance teams through what's changing, why, and how to get statements ready before the standard becomes mandatory in 2027.
Why This Programme
- ✓Understand the three new income statement categories
- ✓Apply the two new required subtotals correctly
- ✓Disclose management's own performance measures the compliant way
- ✓Group and present line items using the new grouping rules
- ✓Walk through a full example of restated financial statements
- ✓Get ahead of the 2027 deadline, not caught out by it
Assessment
- ✓Statement Restatement Walkthrough
- ✓Disclosure Note Exercise
- ✓Classification Workshop
- ✓Final Review
Main Modules
- Why IFRS 18
What's changing, why, and when it takes effect - The Three New Categories
Operating, investing and financing — where each item belongs - Two New Subtotals
Operating profit, and profit before financing and tax - Disclosing Management's Own Measures
The new rule for figures like 'adjusted profit' management shares publicly - Grouping Line Items
New rules for what gets grouped together and what needs its own line - Cash Flow Statement Changes
What else changes as a knock-on effect - Making the Switch
Restating prior year figures and preparing your first IFRS 18 statements
Ready to Enrol?
Access the Virtual Learning Centre to register, or reach out and our team will get you started.