Preparing for Implementation: Corporate Reporting Updates

Introduction

As regulatory and stakeholder expectations for corporate reporting continue to evolve, organisations must stay ahead of new accounting and sustainability reporting requirements. Deloitte's Preparing for Implementation: Corporate Reporting Updates workshop provides participants with practical guidance on the implementation of key IFRS standards, including IFRS 18, IFRS 9, IFRS S1 and IFRS S2.

The workshop will also explore emerging trends in reporting, the integration of sustainability disclosures, and the role of artificial intelligence in enhancing controls, reporting quality and business decision-making. Through expert-led discussions and practical insights, participants will gain the knowledge required to prepare their organisations for the next phase of corporate reporting.

Course content

The Workshop will cover a range of topics, including the following among others:

• Refresher on IFRS 9 – Financial Instruments
  • IFRS 9 Governance and Validation - Consideration for post model adjustments (management overlays)
  • AI & ML In Credit Risk Modelling
  • Modelling digital loans
  • Consideration for Climate Risk in credit risk modelling
• Sustainability & Integrated Reporting - Adoption and Implementation of IFRS S1 & IFRS S2 Standards
  • Objective and core principles of IFRS S1-S2 
  • Effective dates, transition provisions and regulatory requirements.
  • Roadmap for adoption: key steps and activities for adoption and implementation of IFRS S1-S2
  • Key components and practical aspects of integrated reporting
• Topical and contemporary issues around IFRS 18
  • Overview of  IFRS 18
  • Key New Presentation & Disclosure Requirements
  • Impact of IFRS 18 on Other Standards
  • First Time Application and Implementation Challenges
  • Illustrative disclosures and presentation examples
• Controls Assurance- AI Assurance
  • Finance in the Age of AI: Strengthening Controls, Data and Decision-Making

Course Objectives

• Gain insights on new standards to be implemented, and their impact on reporting
• Refresh their understanding of the reporting and disclosure requirements under IFRS 9
• Gain a comprehensive understanding of IFRS 18/9/S1/S2, and tools required for their transition to the new reporting requirements
• Understand the accounting and presentation and disclosure requirements under IFRS 18//S1/S2
• Expand on how to leverage AI in strengthening internal controls and decision making

Course Benefits

• Participants will engage with experts from Deloitte on topical issues
• Access to relevant thought leadership