Introduction
As the global business environment continues to evolve, the importance of International Financial Reporting Standards (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 insights into the latest IASB updates and amendments to accounting reportingstandards, and emerging practices in sustainability reporting.
Course content
- Topical and contemporary issues around IFRS 18 - Presentation and Disclosure in Financial Statements:
- 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
- Highlights on IFRS 19 - Subsidiaries without Public Accountability: Disclosures including:
- Introduction to and Overview of IFRS 19
- First Time Application and Implementation Challenges
- Sustainability & Integrated Reporting – Adoption and Implementation
- Key components and practical aspects of integrated reporting Objective and core principles of The Global Reporting Initiative (GRI)
- Key components and practical aspects of integrated reporting
- Topical and contemporary issues on IFRS 9 – credit risk modelling and data governance
- AI & ML In Credit Risk Modelling
- Consideration for Climate Risk in credit risk modelling
- Topical and contemporary issues on IFRS 7 - Financial Instruments Disclosures
- Amendments to IFRS 9 and IFRS 7 related to financial assets and liabilities disclosures
- Controls Assurance/Internal Audit
- Finance in the Age of AI: Strengthening Controls, Data and Decision-Making
Course Objectives
By the end of this session, participants should be able to:
- Gain insights on new standards to be implemented, and their impact on reporting
- Gain a comprehensive understanding of IFRS 18/19, and tools required for their transition to the new reporting requirement
- Understand the accounting and presentation and disclosure requirements under IFRS 18 and 19
- Refresh their understanding of the reporting and disclosure requirements under IFRS 9 - Financial Instruments and IFRS 7 - Disclosures
- Expand on how to leverage AI in strengthening internal controls and decision making
- Enhance their understanding on the practical application of GRI/ESG reporting requirements for listed entities
- Gain insights on new standards to be implemented, and their impact on reporting
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