IFRS 18: Complete Guide with Practical Examples with AI tool
 

IFRS 18: Complete Guide with Practical Examples with AI tool
Published 10/2026
MP4 | Video: h264, 1280x720 | Audio: AAC, 44.1 KHz, 2 Ch
Language: English | Duration: 1h 28m | Size: 1000.37 MB

Master Financial Statement Presentation, P&L Classification, Cash Flow, Operating Profit, MPMs and Disclosures

What you'll learn
Understand the key requirements of IFRS 18 and Ind AS 118 and their differences from IAS 1
Apply the new principles for classifying income and expenses and presenting the Statement of Profit or Loss
Understand and apply aggregation, disaggregation, Management-defined Performance Measures (MPMs), and related disclosure requirements
Analyze practical financial statement examples and apply IFRS 18 and Ind AS 118 requirements to real-world situations

Requirements
No prior knowledge of IFRS 18 or Ind AS 118 is required. A basic understanding of accounting and financial statements is helpful but not essential.

Description

Master IFRS 18 - Presentation and Disclosure in Financial Statements with a practical, easy-to-understand approach.
IFRS 18 introduces significant changes to the presentation and disclosure of financial statements and replaces IAS 1 Presentation of Financial Statements. With IFRS 18 effective for annual reporting periods beginning on or after1 January 2027, understanding these changes is essential for accountants, finance professionals, auditors, financial reporting teams and students preparing for the new reporting requirements.

This course provides apractical and structured guide to IFRS 18, with a particular focus on how the new requirements affect the Statement of Profit or Loss and other financial statement disclosures.

In this course, you will learn

- Thekey differences between IAS 1 and IFRS 18

- The newstructure of the Statement of Profit or Loss

- The new categories:Operating, Investing and Financing

- New defined subtotals, includingOperating Profit andProfit Before Financing and Income Taxes

- Classification ofincome and expenses under IFRS 18

- Howinterest income and interest expense are classified

- The principles ofaggregation and disaggregation

- How to identify and presentmaterial information

-Management-defined Performance Measures (MPMs) and their disclosures

- New requirements relating todisaggregation of expenses

- How to prepare cash flow statement as per IFRS 18

- Practical examples illustrating the application of IFRS 18

- How to Pass Journal Entries

- Important considerations for thetransition to IFRS 18 and comparative information

- Quiz to check your understanding

- IFRS 18 and Artificial Intelligence (AI)

Who this course is for
Accountants, auditors, finance professionals, financial reporting teams, CA/CPA/ACCA students and professionals, and accounting students who want to understand the practical application of IFRS 18 and Ind AS 118 and the transition from IAS 1.

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