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IFRS -18 Masterclass : Presentation and Disclosure in FS
Rating: 3.6 out of 5(8 ratings)
27 students

IFRS -18 Masterclass : Presentation and Disclosure in FS

Understand new income statement structure, MPMs, and disclosure rules with practical examples
Created byMuhammad Arslan Saleem
Last updated 2/2026
English
English [Auto],

What you'll learn

  • Identify and apply the new income statement structure and mandatory subtotals under IFRS 18.
  • Understand Management-defined Performance Measures (MPMs) and their disclosure requirements.
  • Apply IFRS 18 disclosure rules through practical examples and financial statement formats.
  • Prepare IFRS 18–compliant statements of profit or loss and notes.

Course content

4 sections • 6 lectures • 48m total length

  • Introduction10:48

    IFRS 18 formalizes a five-category income statement—operating, investing, financing, income taxes, and discontinued operations—with mandatory subtotals and management defined performance measures, effective from 2027 with retrospective application.

Requirements

  • Basic understanding of financial statements is recommended but not mandatory. Familiarity with IFRS or IAS 1 is helpful but not required. No advanced accounting or technical background needed. Willingness to learn financial reporting concepts.

Description

IFRS 18 is a major new accounting standard that replaces IAS 1 and significantly changes how financial statements are presented and disclosed. It introduces a new structure for the statement of profit or loss, new mandatory subtotals, and detailed disclosure requirements for Management-defined Performance Measures (MPMs).

This course is designed to help you clearly understand IFRS 18 in a simple and practical way. You will learn the objective and scope of IFRS 18 and how it impacts financial statement presentation. The course explains the new operating, investing and financing categories, the required subtotals, and how entities should present income and expenses under the new standard.

A key focus of this course is Management-defined Performance Measures (MPMs). You will learn what an MPM is, why IFRS 18 regulates them, and the detailed disclosure requirements including reconciliation to IFRS figures, tax effects and non-controlling interests.

The course uses clear explanations, illustrations and practical formats of financial statements so that you can apply IFRS 18 in real-life financial reporting. It is suitable for both beginners and professionals who want to stay up to date with the latest IFRS developments.

By the end of this course, you will be able to understand and interpret IFRS 18–compliant financial statements and confidently explain the new presentation and disclosure requirements.

This course is ideal for accounting students, finance professionals, auditors, analysts and anyone involved in preparing or reviewing financial statements under IFRS.

Who this course is for:

  • Accounting and finance students studying IFRS or financial reporting. Chartered accountants, auditors, and finance professionals. CFOs, finance managers and financial analysts. Internal and external auditors dealing with financial statements. Professionals preparing for ACCA, CPA or IFRS-related exams. Anyone who wants to understand the new IFRS 18 presentation and disclosure rules.

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