From Presentation to Performance: Navigating IAS 1, IAS 7 and IFRS 18

This session provides a focused overview of key financial reporting standards. The core of the session will be a detailed, two-hour deep dive into IFRS 18, covering its new requirements and the impact it has on the primary financial statements and disclosure requirements, comparing and contrasting with IAS 1, where many existing requirements have been taken over. The session shall also briefly explore IAS 7, highlighting the classification and analysis of cash flows, and how the new IFRS 18 requirements shall impact the cash flow statement.

The Speaker

Georges Xuereb provides IFRS and GAPSME advice and delivers accounting topic papers to his clients on complex technical accounting matters. He also assists clients operating in diverse industries in the preparation of their separate and consolidated financial statements in accordance with IFRS or GAPSME. His area of focus in these diverse industries includes consolidations and business combinations and implementation of recently issued IFRSs. Georges also implements Excel-based consolidation tools to large groups to improve their consolidation reporting process, with a focus on quality and complex accounting requirements and reducing reporting timeframes. Georges delivers technical training and presentations on IFRS matters both internally to his colleagues and to his clients, and delivered lectures on the Financial Reporting and Strategic Business Reporting modules to students as part of their studies in fulfilment of the ACCA qualification.