IFRS 18: More Transparency in Financial Reporting

IFRS 18 is a new IFRS standard that replaces key presentation requirements currently included in IAS 1. It introduces a revised structure for the income statement and new disclosure requirements, including mandatory management-defined performance measures.

For organizations that report under IFRS, these changes will affect both external financial reporting and internal performance communication. Understanding the impact of IFRS 18 is therefore essential well before its mandatory application date of 1 January 2027.

This online training provides a clear and practical overview of IFRS 18, delivered in two interactive online sessions of three hours. The format allows for in-depth explanation, practical examples and discussion, while giving participants time between sessions to reflect on the implications for their own organization.

This course is offered in an online format. A classroom-based, one-day training in Dutch is also available: IFRS 18: meer transparantie in financiële rapportages 

What this course gives you
After completing both sessions:

• You have a thorough and up-to-date understanding of IFRS 18
• You can analyze the implications for your own financial reporting
• You are better equipped to interpret and apply current and future performance measures
• You are prepared for the transition to IFRS 18 in 2027

Who this course is designed for
Accountants, controllers and other financial professionals with IFRS knowledge who want a concise yet in-depth online update on IFRS 18, without losing technical depth.

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Session 1 – IFRS 18 fundamentals and the new income statement
This first session focuses on the rationale behind IFRS 18 and the structural changes to the income statement.

Topics include:

• Background and objectives of IFRS 18
• Key differences between IFRS 18 and IAS 1
• Scope and effective date (mandatory application from 1 January 2027)
• New required categories in the income statement:
• Operating
• Investing
• Financing
• New mandatory subtotals, including operating profit and profit before financing and income taxes
• Practical examples illustrating the new income statement structure across different types of organizations

After this session, you will understand why IFRS 18 was introduced and how the new income statement should be structured.

Session 2 – Management-Defined Performance Measures and implementation
The second session zooms in on performance measures and the practical impact of IFRS 18 on reporting and communication.

Topics include:

• Management-Defined Performance Measures (MPMs): definition and purpose
• New disclosure requirements for MPMs
• Commonly used MPMs such as operating profit and EBITDA
• How MPMs should be explained and reconciled under IFRS 18
• Practical examples of MPM disclosures in financial statements
• Preparing your organization for IFRS 18:
• Key implementation steps
• Impact on KPIs, internal reporting and external communication
• What actions you can already take today

After this session, you will be able to assess the impact of IFRS 18 on your organization and translate the new requirements into practice.