Ultimate IFRS 18 Masterclass
A life-saver for Accountants, Auditors, and Finance Controllers. Bypass the complexity of the new financial statement presentation standard with concise, easy-to-understand explanations designed for busy professionals preparing for the transition.
Created by Imad Uddin, FRM · Founder of IFRSMasterclass.com & FAAS Leader
Trusted by finance professionals globally.
About This Course
Who Is It For?
CFOs, Finance Directors, Controllers, Audit Managers, and Accountants who are responsible for implementing the transition from IAS 1 to IFRS 18.
Prerequisites
A desire to bypass complexity and a foundational understanding of current financial statement presentation (IAS 1).
Course Description
Are you struggling to figure out how the new IFRS 18 standard will impact your financial statements? You don't need to. In today's competitive job market, just being qualified isn't enough. The Ultimate IFRS 18 Masterclass is packed with simple explanations, helpful examples, and practical transition exercises drawn from real-world gap assessments. The end goal is to empower you with tangible knowledge in the least amount of time, helping you jump into the top tier of finance professionals who can confidently handle the new operating categories, Management Performance Measures (MPMs), and enhanced disclosure requirements before the mandatory effective date.
What You Will Learn
Master the fundamental shifts from IAS 1 to IFRS 18.
Correctly classify income and expenses into the new Operating, Investing, and Financing categories in the Statement of Profit or Loss.
Identify, calculate, and correctly disclose Management Performance Measures (MPMs) in a single note.
Apply the new strict rules for grouping, aggregation, and disaggregation of financial information.
Navigate the updated requirements for presenting expenses by nature and by function.
Seamlessly handle the transition process and prepare comprehensive gap assessments.
Course Curriculum & Modules
Part 1: The Fundamentals & Key Changes
01
Section 1: IFRS 18 Introduction
Why IAS 1 is being replaced and an overview of the core changes.
02
Section 2: Scope and General Requirements
Understanding the new architecture of financial statements.
Q1
Quiz 1
Test your knowledge on the fundamental shifts.
Part 2: The New Statement of Profit or Loss
03
Section 3: The Operating Category
What it includes and how it serves as the new default category.
04
Section 4: The Investing and Financing Categories
Categorizing returns from investments and expenses from raising capital.
05
Section 5: Specified Subtotals
Calculating and presenting mandatory subtotals like “Operating Profit” and “Profit before Financing and Income Tax.”
Q2
Quiz 2
Concept check on P&L categorization.
Part 3: Management Performance Measures (MPMs)
06
Section 6: Defining MPMs
What qualifies as an MPM (and what doesn’t).
07
Section 7: MPM Disclosures
How to present MPMs in a single note, including transparent reconciliations to IFRS-specified subtotals.
08
Section 8: Tax and Non-Controlling Interest (NCI) Effects
Calculating the tax and NCI impacts on MPM adjustments.
Q3
Quiz 3
Assess your understanding of performance measures.
Part 4: Aggregation, Disaggregation & Other Statements
09
Section 9: Grouping Principles
The new rules for aggregating and disaggregating items on the primary statements versus in the notes.
10
Section 10: Expenses by Nature vs. Function
Navigating the specific disclosure requirements when presenting expenses by function.
11
Section 11: Statement of Cash Flows Updates
Consequential amendments to IAS 7, including the new starting point for the indirect method.
Q4
Quiz 4
Final knowledge check on presentation and aggregation rules.
Part 5: Bonus Module (Templates & Transition Scenarios)
B1
IFRS 18 Gap Assessment Template
Ready-to-use checklist to map out your transition from IAS 1.
B2
Financial Statement Remapping Tool
Excel template for reclassifying historical trial balances into the new IFRS 18 categories.
B3
Practical Exercises
Hands-on application for drafting the new MPM disclosure note.
What's Included
Instant Access
Begin learning immediately upon enrollment.
Downloadable Toolkits
Exclusive access to gap assessment checklists and remapping templates.
Hands-on Practice
Real-world exercises to give you on-the-job insights into the transition process.
Knowledge Checks
Dedicated quizzes to clear misconceptions and ensure accuracy.
Career Enhancer
A verifiable Certificate of Completion to showcase your credentials.
Risk-Free Enrollment
7-day, no-questions-asked money-back guarantee.
Meet Your Instructor
Imad Uddin, FRM
Founder of IFRSMasterclass.com & FAAS Leader
Imad Uddin has a passion for simplifying IFRS and developing a strong conceptual understanding for his students. He leads Financial Accounting Advisory Services at a reputable firm in Dubai. He founded IFRSMasterclass.com with one goal in mind: to help professionals quickly master IFRS and advance their careers without the usual headache.
What Professionals Say About the Trainer
Your knowledge astounds me. Never I have seen such depth into such a complex subject.
Thank you Imad for the insightful 2 days. Well delivered 👌.
Fantastic sessions you run on IFRS 17 & 9. Professionally delivered and well received by learners. Keep up the good work. Lots of your learners are asking for your contact, I will share. Thank you so much Imad Uddin Shaikh.
It was really informative & comprehensive session, learned a lot from it.
Thank you so much sir, it was a great session.
It was superb. Thanks Imad Uddin Shaikh.
Thank you Imad Uddin Shaikh. It was excellent.
Feedback relates to Imad Uddin's training sessions and programs. It is shared as received, with only minor spelling and punctuation corrections.
Frequently Asked Questions
Who is this course for?
Whether you’re an auditor reviewing early-adoption statements, a controller running a gap assessment, or an executive trying to understand how MPMs will change your reporting, this course meets you where you are and propels you forward.
Does this course cover the transition process?
Yes. Part 5 is entirely dedicated to the transition, providing gap assessment templates and tools to remap your existing IAS 1 trial balance into the new IFRS 18 structure.
How long does the course take to complete?
The course is designed for busy professionals. You can bypass the complexity and work through the material entirely at your own pace, going from beginner to expert in just a few days.
Is there a refund policy?
Yes. If you aren’t completely satisfied, let us know within the first 7 days for a full refund. No questions asked.
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