Navigate the latest IFRS changes with this program on IFRS 18 (Presentation and Disclosure in Financial Statements) and IFRS 19 (Subsidiaries without Public Accountability: Disclosures). Participants will gain a deep understanding of the new requirements, their impact on financial reporting, and strategies for implementation. The curriculum covers key changes, transition guidance, and the implications for compliance and governance. Through case studies and practical exercises, attendees will learn to apply the new standards, update accounting policies, and prepare disclosures. This program is essential for finance professionals, auditors, and those involved in financial reporting.
Objectives
- Understand the scope and key requirements of IFRS 18 and IFRS 19
- Assess the impact of the new standards on financial statements
- Update accounting policies and procedures to align with IFRS 18/19
- Prepare the required disclosures under the new standards
- Manage the transition from previous IFRS requirements
- Ensure governance and internal controls over the implementation process
- Train finance teams on the new standards
- Communicate changes to stakeholders (auditors, investors, regulators)
- Stay updated on future developments and interpretations
Target Audience
- Financial controllers and chief accountants
- Financial reporting managers
- Auditors (external and internal)
- CFOs and finance directors
- ERP system implementers configuring new standards
- Consultants advising on IFRS implementation
- Professionals in organizations with international reporting obligations
Methodology
- Standard interpretation workshops
- Impact assessment exercises
- Policy update sessions
- Disclosure drafting practice
- Transition planning workshops
- Case study analyses of early adopters (if available)
- Peer discussions on implementation challenges
