EY Financial Reporting Update (FRU) 2025​

The event will provide updates on financial and sustainability reporting, guidance on trade disruptions, and strategies for finance team resilience.​

Transforming the reporting landscape: How accounting, regulations and emerging trends in finance impact the path ahead
Emerging trends such as artificial intelligence (AI) in finance, sustainability disclosures and process automation are redefining the role of the finance function. The push for greater transparency and accuracy in reporting means finance teams must adapt quickly to evolving standards and rising stakeholder expectations. At the same time, global economic shifts, geopolitical tensions and rapid technological advances are reshaping the regulatory environment, making it critical to understand the impact on compliance, risk and strategy.

At this event, we will share the latest updates in financial and sustainability reporting, practical guidance for navigating financial implications to trade disruptions and economic volatility, and explore how finance teams can build resilience through transformation. Beyond compliance, our focus is on helping organizations set the right foundations to make future change easier, scalable and more successful, positioning the finance function to lead with confidence in an era of constant transformation.

Events Highlights

• Introduction: Transformation in reporting and the CFO agenda
• Key IFRS updates and financial reporting implications
  • IFRS 7: Financial instruments, disclosures
  • IFRS 9: Financial instruments
  • IFRS 18: Presentation and disclosure in financial statements
  • IFRS 19: Subsidiaries without public accountability, disclosures
• How IFRS 18 will transform your finance processes, technology and talent
• Navigating trade disruptions and volatile markets in accounting: impact arising from the application of IFRS 9: Financial instruments and IAS 36: Impairment of assetsGST InvoiceNow: Navigating key implications
• Key sustainability reporting updates
  • Preparing for the next chapter in sustainability reporting with ISSB adoption
  • Navigating the financial implications of climate impact on accounting
• How AI can redefine reporting
• Panel discussion: Driving finance transformation readiness

Selected Agenda Details
Transformation in reporting and the CFO agenda
In today’s dynamic finance landscape, transformation in reporting is reshaping the CFO’s agenda by fostering cross-functional collaboration, leveraging emerging technologies and elevating the finance function from number-checking to strategic value creation. With advanced tools such as data analytics and AI, CFOs no longer need to spend as much time making sure the figures add up. Instead, they can use reliable insights to guide decisions that share the company’s future. We will examine how finance teams can navigate evolving accounting standards, tax and regulatory changes, sustainability and environmental, social, and governance (ESG) reporting, and the broader transformation agenda shaping financial reporting and compliance.

Key IFRS updates and financial reporting implications:
IFRS 7, IFRS 9 and IFRS 19
New amendments to IFRS 9 and IFRS 7, effective from 1 January 2026, introduce clarifications on ESG-linked loan features, derecognition when using electronic payment systems and expanded disclosures for equity instruments measured at fair value through other comprehensive income (FVOCI). These changes also bring consequential updates to IFRS 19, ensuring alignment of disclosure requirements for subsidiaries without public accountability. We will unpack these developments and discuss their implications for financial reporting and compliance.

How IFRS 18 will transform your finance processes, technology and talent
IFRS 18 represents a significant change to the presentation and disclosure landscape, with the aim of improving clarity, consistency and transparency for users of financial statements. It also mandates disclosure of management-defined performance measures, providing investors with clearer insight into how management interprets performance. The upcoming standard will also require finance functions to adapt across finance processes, technology and talent. Reporting workflows must be re engineered to capture new categories, subtotals and disclosures in a consistent manner. At the same time, reporting systems will require enhancements to automate data capture, validation and expanded disclosures. In this session we will explore the impacts of IFRS 18 on reporting, and its broader application across operating models, systems and capabilities

Navigating trade disruptions and volatile markets: Impact arising from the application of IFRS 9 and IAS 36​
Global trade measures and market volatility are heightening credit and valuation risks. Under IFRS 9, finance teams face greater complexity in ensuring hedge effectiveness amid rapid shifts in interest rates and exposures. IAS 36 impairment assessments are also under pressure as changing demand and uncertain outlooks trigger more frequent reviews of asset values. This session will explore how finance teams can navigate these challenges, balancing compliance with IFRS standards while strengthening transparency and resilience in financial reporting.​
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GST InvoiceNow: Navigating key implications​
E-invoicing is rapidly moving up the regulatory agenda as IRAS drives adoption of the InvoiceNow network through the PEPPOL PINT (SG) standard. From May 2025, GST-registered businesses can begin transmitting invoice data directly, with mandatory requirements taking effect for new registrants later in the year. We will explore the latest changes, their compliance impact, and how finance teams can prepare for this transition while leveraging e-invoicing to unlock greater accuracy, efficiency, and cash flow visibility.​
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ISSB adoption: Preparing for the next chapter in sustainability reporting​
With Singapore’s mandatory ISSB-aligned climate disclosures taking effect from FY2025, finance and sustainability teams must be ready to meet higher expectations for transparency and comparability. In this session, we will share key insights from the EY and CPA Australia on climate reporting study, discuss adoption trends and explore practical steps to integrate ISSB requirements into your reporting processes.​
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Climate impact on accounting: Navigating financial implications​
Beyond sustainability disclosures, climate change is increasingly shaping core areas of financial reporting, including asset valuation, impairment testing, provisions and assessments of going concern. This session will explore the connection between sustainability reporting and financial statements, with a particular focus on how climate-related matters are measured and disclosed within an entity’s financial reports. We will examine how climate risks and opportunities influence key accounting judgments and share practical approaches for integrating these considerations into financial reporting.​

How AI can redefine reporting​
As reporting demands grow in scale and complexity, finance teams are under pressure to deliver faster, more accurate insights, often with limited resources. AI is stepping in to transform this landscape. By automating repetitive tasks, integrating data from multiple sources and identifying patterns that might otherwise go unnoticed, AI helps streamline reporting workflows and elevate the quality of analysis. This shift allows finance professionals to move beyond data preparation and focus on strategic interpretation, enabling timelier, data-driven decisions and stronger business partnerships.​
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Panel discussion: Driving finance transformation readiness​
Successful finance transformations go beyond technology. It starts with strengthening foundational elements such as process redesign, chart of accounts harmonization, governance and data discipline. Transformation also involves evolving the finance operating model, ensuring compliance readiness and building scalability for the future.​
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In this panel discussion, we’ve invited experienced controllers to share their perspectives on the challenges faced, the collaborative efforts undertaken and the processes that have shaped their success stories in being prepared for transformations. The discussion will highlight why getting the fundamentals right is critical before undertaking large scale finance change, ensuring organizations are prepared to fully capture the benefits of finance transformations.​

Event Details​

Date: 24 October 2025 (Friday)​
Time: 9:00 a.m. to 5:00 p.m. (Registration starts at 8:30 a.m.)​
Program duration includes lunch and coffee break.​
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Venue:​
Pan Pacific Singapore, Ocean 1-4 rooms, 7 Raffles Blvd, Singapore 039595​

Fees:​
Clients and EY Alumni: $550​
Public: $650​
An invoice will be sent upon successful registration.​

This event is now over. For enquiries, please contact the organizer.

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