Day One: Introduction to IFRS 18 and Key Changes from IAS 1
• Overview, purpose and scope of IFRS 18
• Objectives of improving financial reporting and comparability
• Relationship between IFRS 18 and other IFRS Accounting Standards
• Key differences between IFRS 18 and IAS 1
• Structure and presentation of a complete set of financial statements
• General principles for presenting and disclosing financial information
• Roles and responsibilities in IFRS 18 implementation
• Assessing organisational readiness and implementation challenges
• Practical exercise: Reviewing financial statements under existing IAS 1 requirements

Day Two: Presentation and Classification of Income and Expenses
• New structure of the statement of profit or loss
• Understanding the operating, investing, financing, income tax and discontinued operations categories
• Classification of income and expenses into the required categories
• Presentation of operating profit
• Presentation of profit before financing and income taxes
• Classification of expenses by nature, by function or using a mixed presentation
• Requirements for presenting additional subtotals and line items
• Applying judgement to classification and presentation decisions
• Practical exercise: Reorganising a statement of profit or loss under IFRS 18

Day Three: Management-Defined Performance Measures and Disclosure Requirements
• Understanding management-defined performance measures (MPMs)
• Identifying measures that fall within the IFRS 18 requirements
• Differences between IFRS-defined subtotals and management-defined measures
• Disclosure of management’s view of financial performance
• Reconciliation of management-defined measures with required IFRS subtotals or totals
• Disclosure of related income tax effects and non-controlling interests
• Explaining the calculation and purpose of performance measures
• Consistency, transparency and avoiding misleading financial reporting
• Practical exercise: Preparing an MPM disclosure note and reconciliation

Day Four: Aggregation, Disaggregation and Financial Reporting Quality
• Principles of aggregation and disaggregation
• Grouping financial information for clear and useful reporting
• Identifying material and immaterial information
• Improving the organisation and presentation of financial statement line items
• Disclosure of operating expenses and supporting information
• Avoiding excessive aggregation or unnecessary detail
• Improving the usefulness of financial statements for investors, lenders and other users
• Implications for financial reporting systems, data collection and internal controls
• Practical exercise: Improving financial statement presentation and disclosure notes

Day Five: IFRS 18 Implementation, Transition and Compliance
• Effective date and transition requirements
• Retrospective application of IFRS 18
• Comparative information and reconciliation requirements
• Assessing the impact on existing financial statements and reporting processes
• Reviewing accounting policies and reporting templates
• Updating financial systems, procedures and internal controls
• Staff training, implementation planning and stakeholder communication
• Common implementation challenges and risk mitigation
• Developing an IFRS 18 implementation checklist and action plan
• Comprehensive case study: Applying IFRS 18 to a company’s financial statements
• Course review, participant presentations and closing discussion