IFRS 18 masterclass: transforming technical requirements into actionable implementation​

IFRS 18 brings a fundamental shift in how financial performance is presented, introducing a restructured profit or loss statement, new mandatory categories and subtotals, and enhanced requirements for aggregation, disaggregation and labeling. It also updates principles for unusual or infrequent items, foreign exchange differences, derivatives, hyperinflation and entities with investing or financing related main business activities.​

This two-day masterclass is designed to move beyond technical interpretation and focus on how IFRS 18 is applied in practice.​

Participants will gain a clear and practical pathway from understanding to execution — translating technical requirements into real-world actions. Through focused principles, illustrative examples, case studies and implementation discussions, the program highlights the critical management, data and system considerations required for a successful transition.​

By the end of the masterclass, participants will have the capability and confidence to operationalize IFRS 18 effectively, with actionable insights they can apply immediately within their organization.​

The first run of this masterclass is offered at a special introductory rate. ​

Program outline ​

Day 1: IFRS 18 technical deep dive​

• IFRS 18 overview: purpose, scope, structure and key differences from IAS 1​
• New statement of profit or loss categories and mandatory subtotals​
• Aggregation, disaggregation and labeling requirements ​
• Treatment of unusual or infrequent items, foreign exchange differences, derivatives and hyperinflation​
• Requirements for entities whose main business activities involve investing or financing ​
• Introduction to Management Defined Performance Measures (MPMs)​

Day 2: Organizational transformation beyond accounting ​

• Consequential amendments and cross functional impacts across technology, reporting, data and chart of accounts ​
• IFRS 18 implementation framework and organizational dependencies ​
• Practical trial balance application, including banking examples ​
• Interactive case studies, exercises and group discussions ​
•  Assessment, recap key takeaways and next steps ​

Who should attend ​

• CFOs and finance controllers ​
• Finance and reporting managers ​
• Accounting advisory professionals ​
• Finance transformation managers

Certificate of completion and Continuing Education (CE) credit eligibility ​

All participants will receive a Certificate of Completion at the end of the program. This certificate can be used to submit for Continuing Education (CE) credits in accordance with the requirements of their respective professional bodies.​

Speakers:​

• Ronald Wong, EY Asean and Singapore Financial Accounting Advisory Services Leader; Partner, Assurance, Ernst & Young LLP​
• Adele Liew, Partner, Financial Accounting Advisory Services, Ernst & Young LLP​
• Asha Merugu, Partner, Financial Accounting Advisory Services, EY Global Delivery Services India LLP​

Fees:​

• Client and EY alumni: S$800​
• Public: S$900​

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

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