EFRAG & IASB Educational Session on IFRS 18 for Corporates

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:

• 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).

The audience contributed to the discussion through Q&A sessions. Both events were public and held online.
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.