IFRS 18 Presentation and disclosure

Curriculum

What this course covers.

Sixteen lessons, in the order you work through them, from the new five-category structure of profit or loss through to transition. This is the syllabus; lessons publish on a rolling basis and your library will show exactly what is ready as each one publishes.

1. Why IFRS 18 exists: the Primary Financial Statements project and the end of IAS 18 min
2. Scope, effective date and why 2026 is already the comparative year8 min
3. The five categories: operating, investing, financing, income taxes, discontinued operations12 min
4. The operating category and why it is the residual10 min
5. The investing category: returns generated individually and largely independently10 min
6. The financing category: liabilities arising from financing versus everything else10 min
7. The two mandatory subtotals: operating profit and profit before financing and income taxes10 min
8. Entities with specified main business activities: investing in assets, providing financing to customers12 min
9. Foreign exchange differences, derivatives and hedging: where they land10 min
10. Management-defined performance measures: what qualifies and what does not10 min
11. MPM disclosures: the reconciliation, the tax effect and the non-controlling interests effect12 min
12. Aggregation and disaggregation: the new principles and the roles of the statements and the notes12 min
13. Operating expenses: by nature, by function, or a mixed presentation12 min
14. The disclosure that follows a presentation by function10 min
15. What carried over from IAS 1 unchanged, and the consequential amendments10 min
16. Transition: retrospective application, restated comparatives and the first-year disclosures12 min