Course Summary
Financial reporting is entering a major transition. IFRS 18 becomes effective on 1 January 2027, but finance teams cannot wait until then to prepare. The standard affects how financial statements are presented, how performance is communicated and how internal reporting structures are designed.
This two-day course helps participants understand the practical impact of IFRS 18 and what organisations must prepare before the standard becomes mandatory. It covers the new presentation requirements, classification rules, notes, Management Performance Measures and broader process implications for finance teams.
The course is designed for finance, accounting, audit, reporting and governance professionals who need to translate IFRS 18 into practical implementation steps. Participants leave with clearer understanding of the new standard and the actions required to prepare financial statements, disclosures, systems and reporting workflows for 2027 compliance.
Frequently Asked Questions
What is this course about?
This course is about IFRS 18 implementation and the changes required for financial statement presentation.
Participants will learn how IFRS 18 changes the statement of profit or loss, how income and expenses are classified, how Management Performance Measures must be disclosed and what organisations need to prepare across reporting processes, systems, notes and internal controls.
What are the learning outcomes?
By the end of this course, participants will be able to:
- Understand the full scope and objectives of IFRS 18
- Apply IFRS 18 requirements to financial statements
- Classify income and expenses under the new presentation model
- Understand changes affecting the statement of profit or loss
- Prepare for changes to notes and financial statement disclosures
- Understand Management Performance Measure requirements
- Identify system, process and internal reporting changes required before adoption
- Anticipate implementation challenges, including classification judgment and MPM disclosure
- Apply practical strategies to avoid errors during IFRS 18 adoption
What are the course modules?
The course covers 8 practical modules:
- Introduction to IFRS 18
- Changes in the Statement of Profit or Loss: General Classification
- Changes in the Statement of Profit or Loss: Specified Main Business Activities & Specific Items
- Changes in the Statement of Profit or Loss: Illustrated Examples
- Changes to Other Statements
- Notes to the Financial Statements
- Management Performance Measures
- Assessing the Impact of IFRS 18
Each module connects the technical requirements of IFRS 18 to practical implementation, including classification, statement restructuring, notes, disclosures, performance measures, systems, reporting workflows and transition planning.
Who should attend this course?
This course is suitable for:
- Financial Controllers
- Finance Managers
- Accountants and Senior Accountants
- Internal and External Auditors
- Corporate Reporting Specialists
- FP&A Professionals
- Tax and Compliance Professionals
- CFOs and Finance Directors
- Regulatory or Compliance Liaisons
- Accounting System and ERP Teams
- Risk and Governance Officers
- Business Analysts involved in financial reporting interpretation
Who is the lead trainer?
Thomas Egan
Financial Reporting, Accounting Standards and ESG Reporting Trainer
The lead trainer is Thomas Egan. Thomas brings over 30 years of global experience in designing and delivering accounting and finance training programmes for professionals and organisations. He is a member of ISCA, CPA Australia and ACCA, and is also a licensed US CPA. His professional background includes 25 years in technical accounting roles across a Big 4 firm, an international bank and advisory work for the aviation sector. He has also served on committees involved in accounting standards, financial reporting and XBRL.
Thomas holds a master’s degree in accounting from the University of Wisconsin-Madison and a Postgraduate Diploma in Strategic Finance from the University of Oxford. He also holds the CFA Certificate in ESG Investing, strengthening his expertise across sustainability reporting and ESG-related financial disclosures. With his technical depth and international experience, Thomas helps participants translate complex reporting requirements into practical application for finance, accounting, audit and corporate reporting teams.
How long is this course?
This is a two day corporate training course.
What are the date and venue details?
- The public training for this course has concluded for the current year.
- This course is available for in house training.
How much is the course fee?
- For public training, the course fee is RM3,500 per participant. The fee includes applicable taxes and one night stay at the event hotel. A group fee of RM3,150 per participant is available for registrations of three participants and above.
- For in house training, fees are quoted based on the programme scope, number of participants, delivery format and customisation requirements.
Is this course HRD Corp claimable?
- For public training, this course is 100% HRD Corp claimable for eligible employers, subject to HRD Corp approval and the applicable claim process.
- For in house training, HRD Corp claimability depends on employer eligibility, course approval and submission requirements.
How do I learn more or register?
- To learn more, download the course brochure from the right panel.
- For public course registration, complete the registration form in the brochure and email it to registration@skill-lyft.com.
- For in house training enquiries, contact Skill-Lyft and our team will advise on programme scope, customisation, dates and the next steps.
- Last updated: July 2026
