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IMAS presents a comprehensive introduction to the new IFRS 18, issued by the international Accounting Standards Board (IASB) on April 9, 2024. This standard focuses on presentation and disclosure requirements for financial statements, with a particular emphasis on the statement of profit or loss. IFRS 18 replaces IAS 1, offering investors more transparent and comparable information to enhance their decision-making.

IFRS 18 introduces three major requirements aimed at improving how companies report financial performance, giving investors a stronger foundation for analysis and comparison:

Transparency of management-defined performance measures (MPMs) – Requiring mandatory disclosures for specific profit or loss measures not found in an entity’s financial statements.

Enhanced grouping of information – New principles on aggregation and disaggregation apply to both primary financial statements and the accompanying notes.

Course Overview

A clear understanding of the new layout and components of the statement of performance under IFRS 18, improving transparency, comparability, and understandability for
stakeholders.

Insight into how IFRS 18 classifies operating, investing, and financing activities, including criteria for categorising cash flows and transactions.

Knowledge of aggregation and disaggregation principles and why they are critical for financial reporting.

An understanding of the importance of management-defined performance measures (MPMs) and how they impact reporting.

The ability to analyse how IFRS 18 affects other existing financial reporting standards.

Data Transformation:

Learn to clean and transform data from multiple sources using Power
Query, a critical skill in preparing financial reports.

Data Modeling:

Understand how to build relationships between financial datasets for more
robust reporting and analysis.

Interactive Dashboards:

Create compelling dashboards to visualize financial data and support decision-making.

Data Visualization:

Discover the best ways to present financial data using a wide array of
charts and visuals, ensuring clarity for stakeholders.

Real-Time Analytics:

Use Power BI's real-time analytics to monitor key financial metrics and
make timely, informed decisions.

Who Should Attend?

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Finance professionals aiming to create insightful financial reports for better decision-making.

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Managers and executives seeking to leverage financial data to drive strategic business decisions.

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Business analysts focusing on improving their financial reporting and data visualization skills.

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Business analysts focusing on improving their financial reporting and data visualization skills.

Feeling Excited About IMAS?

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