IFRS 18 Financial Statement Presentation Training Course

Duration 5 days 10 modules · 33 contact hours
Level Intermediate Certificate on completion
Who attends Group Financial Controllers, Financial Reporting Managers and others
Fee from USD 1,100 KSh 95,000 for Kenyan organisations
Where 52 cities + online See dates by city
Next start 7 Nov 2026 Course code SD-A-097

Before you join: Participants should understand IFRS financial statements and have working familiarity with IAS 1, IAS 7 and the statement of profit or loss.

Dates & prices

Two start dates a month in every city, and live online on weekdays or weekends. Fees are per participant; classroom fees include tuition, materials, lunch and refreshments, and the certificate.

Suggest a date or city

Showing the next six months. Later dates, other cities and private deliveries for your team are available on request.

Course overview

IFRS 18 changes the structure and disclosure of general-purpose financial statements, replacing IAS 1 for annual periods beginning on or after 1 January 2027. Finance teams must classify income and expenses into defined categories, present required subtotals, explain management-defined performance measures, and improve aggregation and disaggregation decisions. These changes affect group reporting packs, chart-of-accounts mappings, investor communications, audit evidence and comparative financial statements.

This course explains the IFRS 18 requirements in the sequence used to prepare and review financial statements. Participants work through operating, investing, financing, income-tax and discontinued-operations categories; the required operating profit and profit before financing and income tax subtotals; expense presentation; unusual income and expenses; and management-defined performance measures. The course also addresses amendments to IAS 7, implications for banks and insurers, and the relationship with IFRS 8 segment reporting. Participants learn to make, document and defend classification and disclosure judgements.

Teaching combines focused technical briefings with financial-statement cases, classification simulations, group reviews of drafted statements and implementation planning. Cases reflect industrial groups, banks and insurers, including foreign-exchange differences, investment returns, associate income and adjusted-performance reporting. Participants leave with an IFRS 18 implementation pack containing a classification decision log, statement mapping model, management-defined performance measure checklist, disclosure review checklist and departmental action plan.

The course is suited to finance professionals preparing, consolidating, reviewing or auditing IFRS financial statements. It is particularly relevant where reporting teams need to convert existing IAS 1 formats into IFRS 18 reporting packs before the mandatory effective date.

What you will be able to do

  • Classify income and expenses across IFRS 18 operating, investing, financing and tax categories
  • Prepare a statement of profit or loss containing IFRS 18 required subtotals
  • Apply aggregation and disaggregation principles to primary statements and supporting notes
  • Assess management-defined performance measures and draft required reconciliations and explanations
  • Produce unusual income and expenses disclosures using IFRS 18 predictive-value criteria
  • Map IAS 7 cash-flow reporting consequences arising from IFRS 18 presentation changes
  • Conduct an IAS 1-to-IFRS 18 gap assessment for an entity's reporting package
  • Develop an IFRS 18 implementation plan with controls, owners and reporting milestones

Benefits of attending

For you

  • Prepare defensible IFRS 18 classification papers for audit and technical-accounting review
  • Translate IFRS 18 requirements into revised reporting packs and account mappings
  • Identify performance measures requiring IFRS 18 reconciliations and tax-effect disclosures
  • Improve review comments on draft primary statements and supporting notes
  • Lead a practical IAS 1-to-IFRS 18 transition workstream

For your organisation

  • Reduces late-stage audit queries over presentation, subtotals and disclosure decisions
  • Creates consistent classification decisions across subsidiaries and business units
  • Improves traceability from transaction data through consolidation to published statements
  • Supports timely redesign of systems, reporting packs and investor communication materials
  • Strengthens governance over adjusted results and management-defined performance measures

Course modules

10 modules over 5 days

Participants can explain IFRS 18's scope, effective date, transition context and relationship with existing IFRS requirements.

  • IFRS 18 purpose, effective date and replacement of IAS 1
  • Presentation changes distinguished from recognition and measurement requirements
  • General-purpose financial statements and the standard's scope of application
  • Transition choices, comparative information and early application considerations
  • Links between IFRS 18, IAS 7 and IFRS 8
  • Implementation governance involving finance, consolidation, investor relations and audit

Participants can classify income and expenses in the IFRS 18 categories and document judgemental decisions.

  • Required categories: operating, investing, financing, income taxes and discontinued operations
  • Classify income and expenses using IFRS 18 category definitions
  • Apply the main business activities assessment to investment returns
  • Entity-specific facts supporting classifications for banks and insurers
  • Assess hybrid transactions and foreign-exchange differences under classification requirements
  • Document classification judgements in an IFRS 18 decision log

Participants can structure a statement of profit or loss with IFRS 18 categories, labels and required subtotals.

  • Operating profit and profit before financing and income tax subtotals
  • Build the statement of profit or loss structure
  • Present investing, financing and income-tax categories without prohibited flexibility
  • Reconcile legacy subtotals to IFRS 18 required subtotals
  • Assess material line items, headings and transparent labels
  • Map segment-reporting measures to the primary statement presentation

Participants can determine when financial-statement information should be aggregated, disaggregated or disclosed in notes.

  • Aggregation and disaggregation principles for primary financial statements
  • Identify characteristics that determine similar or dissimilar items
  • Separate material classes when aggregation obscures useful information
  • Use notes to explain disaggregated income, expenses, assets and liabilities
  • Select functional or nature expense presentation under IFRS 18
  • Prepare operating-expense disclosures by nature when functions are presented

Participants can identify management-defined performance measures and prepare IFRS 18 disclosures for them.

  • Management-defined performance measures: definition, scope and exclusions
  • Identify public communications that create management-defined performance measures
  • Test whether a subtotal communicates management's view of financial performance
  • Draft MPM notes: calculation, reconciliation, explanation and tax effects
  • Assess consistency, comparatives and changes in management-defined performance measures
  • Distinguish MPM disclosures from IFRS 8 segment measures

Participants can identify unusual income and expenses and prepare disclosures explaining their predictive value.

  • Unusual income and expenses disclosure requirements and objective
  • Identify transactions with limited predictive value from unusual circumstances
  • Assess whether size, nature or incidence requires separate disclosure
  • Draft note disclosures explaining amounts, line items and affected periods
  • Connect unusual-item disclosures with estimates, judgements and subsequent events
  • Review earnings-adjustment communications against IFRS 18 disclosure requirements

Participants can assess IAS 7 cash-flow statement changes resulting from IFRS 18 presentation requirements.

  • IAS 7 amendments arising from IFRS 18 classification changes
  • Select operating-profit starting point for indirect cash-flow reporting
  • Map cash-flow categories to revised statement of profit or loss
  • Analyse bank and insurer classification consequences for cash-flow reporting
  • Reconcile cash-flow presentation, note disclosures and financing subtotals
  • Coordinate IAS 7, IFRS 18 and IAS 1 transition work

Participants can plan the reporting-process, data and control changes needed for IFRS 18 adoption.

  • Transition requirements, comparative restatement and third-statement considerations
  • Perform a gap assessment against current IAS 1 presentation
  • Design chart-of-accounts mappings for new income and expense categories
  • Define consolidation-package instructions, controls and review evidence
  • Sequence systems, reporting packs, disclosures and audit-ready documentation
  • Build an implementation roadmap for 2026 readiness and 2027 reporting

Participants can resolve common IFRS 18 presentation issues in industrial groups, banks and insurers.

  • Bank, insurer and industrial-group presentation issues under IFRS 18
  • Resolve interest-income classification for lending and investment activities
  • Analyse foreign-exchange gains within operating, investing and financing categories
  • Assess associate and joint-venture returns under the new categories
  • Compare alternative expense presentations for a manufacturing group
  • Challenge drafted statements using an IFRS 18 reviewer checklist

Participants can review IFRS 18 financial statements and establish a controlled implementation action plan.

  • Financial-statement review workflow for IFRS 18 compliance
  • Perform a structured review of primary statements and related notes
  • Trace classifications from source transactions through consolidation and disclosures
  • Prioritise material judgements for audit-committee and investor communications
  • Prepare a departmental action plan with owners, dates and dependencies
  • Establish post-implementation controls for recurring reporting cycles

Exercises and examples are adapted to each cohort's sectors and roles.

What you take back to work

  1. IFRS 18 classification decision log
  2. Statement of profit or loss mapping model
  3. Management-defined performance measure disclosure checklist
  4. Unusual income and expenses assessment template
  5. IAS 1-to-IFRS 18 gap assessment matrix
  6. IFRS 18 implementation action plan

Who should attend

  • Group Financial Controllers — responsible for converting consolidation and reporting packs to IFRS 18
  • Financial Reporting Managers — prepare statutory accounts, disclosures and technical accounting papers
  • Chief Accountants — set accounting policies and review material presentation judgements
  • Consolidation Managers — map entity submissions into revised group statement structures
  • Internal Auditors — assess reporting controls, classifications and supporting evidence
  • External Audit Professionals — evaluate IFRS 18 presentation and disclosure compliance

Skills and tools covered

IFRS 18 classificationFinancial statement presentationPerformance measure disclosuresExpense analysisCash flow alignmentTransition planning

Tools and standards

IFRS 18 Presentation and Disclosure in Financial Statements, IAS 1 Presentation of Financial Statements, IAS 7 Statement of Cash Flows, IFRS 8 Operating Segments

How the course runs

Training methodology

The instructor uses short technical briefings to establish each IFRS 18 requirement, followed by worked financial-statement cases and facilitated group analysis. Participants classify transactions, review statement formats, assess management-defined performance measures and test disclosure wording using realistic reporting scenarios. Simulations cover industrial groups, banks and insurers, including cash-flow consequences under IAS 7. Each participant develops an application plan for their reporting cycle, supported by peer discussion and instructor feedback on key judgements.

Requirements and prerequisites

Participants should understand IFRS financial statements and have working familiarity with IAS 1, IAS 7 and the statement of profit or loss. Experience preparing, consolidating, reviewing or auditing annual financial statements is useful, particularly where income, expenses and alternative performance measures are reported. Participants should be comfortable reading financial statements and analysing accounting-policy decisions. Prior IFRS 18 training is not required. The course does not require advanced valuation, tax modelling, programming skills or detailed knowledge of every industry-specific IFRS requirement.

A typical training day

08:30 – 10:30First session
10:30 – 10:45Refreshment break
10:45 – 12:30Second session
12:30 – 13:30Lunch and networking
13:30 – 15:00Third session
15:00 – 15:15Refreshment break
15:15 – 16:30Workshop and daily review

Live online deliveries follow the same structure in East Africa Time, with shorter screen blocks and longer breaks.

What the fee includes

  • Instruction by a practitioner facilitator
  • Full course workbook and materials
  • Exercise files, templates and case studies
  • Refreshments and lunch on classroom deliveries
  • Certificate of completion
  • Post-course application plan

Frequently asked questions

Participants should have working knowledge of IFRS financial statements and familiarity with IAS 1 and IAS 7. No prior IFRS 18 course is required, and the programme does not assume specialist banking, insurance or tax expertise.

Bring a laptop or tablet if available, plus a recent set of financial statements, reporting pack or presentation issue from your organisation. Confidential information can be anonymised; course cases provide all required technical materials.

It is designed for financial reporting, group consolidation, controllership, accounting policy, internal audit and external audit professionals. It is most useful for people who prepare or review IFRS annual financial statements.

This course focuses on the presentation and disclosure changes introduced by IFRS 18, including categories, subtotals, management-defined performance measures and transition. It does not teach the full recognition and measurement requirements across all IFRS standards.

Participants can use the decision log and gap assessment to review current reporting formats against IFRS 18. The materials also support discussions with consolidation teams, auditors, investor relations and systems owners.

Each day runs from 08:30 to 16:30 and provides about 6.5 contact hours. The five days progress from IFRS 18 requirements and classification decisions to disclosures, IAS 7 consequences, sector cases and implementation planning.

Questions about this course?

Ask about dates, fees, group bookings or running it for your team. Our training team replies by email.

Ask on WhatsApp info@skillsetdevelopment.com

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