Webinar IFRS 18

On Tuesday, 1 October 2024, KPMG hosted the Webinar IFRS 18 Presentation and Disclosure in Financial Statements. In this webinar, we have shared an overview of the new IFRS Accounting Standard, replacing IAS 1 Presentation of Financial Statements, which will help you to understand its impact. You will gain latest insights from a financial statements study on the possible impact of the new standard.  

This event aims to inform Chief Financial Officers, Financial Controllers, Managers Financial Accounting & Reporting, Finance Directors and other stakeholders. 

Key takeaways of this online session:

• What are the key changes of a more structured income statement?
• What are disclosed and audited Management Performance Measures (MPM)?
• Understanding potential impact for your financial statements?

IFRS 18 Presentation and Disclosure in Financial Statements brings significant changes to how companies present their income statement and what information they need to disclose. It also makes certain ‘non-GAAP’ measures part of their audited financial statements for the first time. All companies are affected, so they need to prepare now.

The new standard is effective for annual periods beginning on or after 1 January 2027 but preparing for its implementation will take time. Companies will need to make new judgements, navigate many new requirements and oversee changes to systems and processes.  

Lawrence de Waal (Host)
Director, Capital Markets Accounting Advisory Services, KPMG

Wietse Koster
Deputy leader of KPMG global IFRS presentation team and Director Department of Professional Practice, KPMG

Bhavna Moti
Senior manager, Capital Markets Accounting Advisory Services, KPMG 

If you have any questions you can contact Farnaaz Jahangier via events@kpmg.nl.