IFRS Workshop – Corporate Reporting – What’s On The Horizon?

Introduction

As the global business environment continues to evolve, the importance of IFRS in ensuring transparency, accountability, and efficiency in financial reporting cannot be overstated. Deloitte is pleased to invite you to our workshop where our experts will share key global insights into the latest IFRS and ISSB updates and amendments,lessons learnt from recently implemented standards and topical issues around corporate reporting.

Course content

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

• Update from IASB and ISSB – Financial reporting, Sustainability reporting and Tax Updates:
  • Amendment to IFRS 16
  • Amendment to IAS 1
  • Amendments to IAS 21
  • Amendments to IFRS 9 and IFRS 7
  • Introduction to IFRS 19 - Subsidiaries without Public Accountability
  • IAS 29: Group reporting considerations
• Topical and contemporary issues around IFRS 18 -  Presentation and Disclosure in Financial Statements including:
  • Introduction to and Overview of  IFRS 18
  • Key New Concepts Under IFRS 18
  • Impact of IFRS 18 on Other Standards
  • First Time Application and Implementation Challenges
• IFRS 17 – Common pitfalls and key lessons from our implementation practice
• IFRS 9 considerations in an era of uncertainty:
  • Portfolio segmentation – short-term loans considerations
  • Forward Looking Information and Scenario Considerations
  • Loan Modifications
  • Post Model Adjustments for ECL and staging
  • Collateral Valuation
  • Loan Staging
• IFRS S1: General Requirements for Disclosure of Sustainability-related Financial Information and IFRS S2: Climate-Related Disclosures:
  
  • Emerging Topical Issues
  • Key components and practical aspects of sustainability reporting standards IFRS S1 and IFRS S2​
  • Best practices for sustainability reporting in line with IFRS S1 & IFRS S2
• Recent tax changes:
  • Legislative and Case Laws
  • Contemporary issues on tax administration

Course Objectives

By the end of this session, participants should be able to:

• Have a view of the new and upcoming standards from the IASB and ISSB
• Recap of existing standards in the current reporting environment
• Have a comprehensive introduction and know what to expect as they prepare for IFRS 18​
• Equip participants with practical aspects of application and implementation of IFRS 18
• Encourage participants to align sustainability reporting with broader business strategies and investor expectations
• Have a comprehensive view of recent tax changes, and the impact on business.
  

Course Benefits

• Participants will engage with industry experts on topical issues. 
• Interaction and engagement with other industry colleagues. 
• Access to relevant thought leadership. 
• Certificate of attendance which is eligible for CPD points.