EFRAG & IASB Educational Session on IFRS 18 for Corporates
07/06/2024 - 07/06/2024
12:00 - 15:00
EFRAG Offices - 35 Square de Meeûs, 1000 Brussels
Description
Recording
On 7 June 2024 (10-13 CET) EFRAG organised, jointly with the IASB and BusinessEurope, an educational session for corporate stakeholders for the recently published IFRS 18 Presentation and Disclosure in Financial Statements. The session may also provide input for the upcoming endorsement process of IFRS 18 in Europe. The selected topics were presented and discussed online with a panel of preparers. Consult the slides here.
This session presented the main requirements of IFRS 18 and discussed how they apply to specific industries and situations, targeting concerns raised by stakeholders during the (re)deliberation process. Practical challenges from the new requirements were discussed. Participants had the opportunity to address their questions directly to the IASB.
Speakers of the session included:
A detailed programme and further information about both events can be found below.
For questions, please contact EFRAG Financial Reporting Project Director Kathrin Schöne or EFRAG Financial Reporting Senior Technical Manager Aleksandra Sivash.
On 7 June 2024 (10-13 CET) EFRAG organised, jointly with the IASB and BusinessEurope, an educational session for corporate stakeholders for the recently published IFRS 18 Presentation and Disclosure in Financial Statements. The session may also provide input for the upcoming endorsement process of IFRS 18 in Europe. The selected topics were presented and discussed online with a panel of preparers. Consult the slides here.
This session presented the main requirements of IFRS 18 and discussed how they apply to specific industries and situations, targeting concerns raised by stakeholders during the (re)deliberation process. Practical challenges from the new requirements were discussed. Participants had the opportunity to address their questions directly to the IASB.
Speakers of the session included:
- Bertrand Perrin (IASB),
- Nick Barlow, Roanne Hasegawa, Juliane-Rebecca Upmeier (IASB technical staff),
- Michael Fechner (BusinessEurope),
- Kathrin Schöne (EFRAG),
- Andreas Gattung (Volkswagen),
- Francois Andreoli (Nestlé),
- Lars Hamers (dsm-firmenich), and
- Maciej Tuszkiewicz & Ewa Maruszewska (Welding Alloys Polska).
A detailed programme and further information about both events can be found below.
For questions, please contact EFRAG Financial Reporting Project Director Kathrin Schöne or EFRAG Financial Reporting Senior Technical Manager Aleksandra Sivash.
Running order
10:00
10:15
Opening of the session by BusinessEurope, EFRAG and the IASB
10:15
11:05
Categories and Sub-Totals
11:05
11:55
Management-defined Performance Measures
11:55
12:25
Grouping – aggregation and disaggregation – of information
12:25
12:50
Limited changes to the Cash Flow Statement, effective date and transition requirements
12:50
13:00
Main takeaways and closing