IFRS 18 is coming – be prepared. Mandatory for annual reporting periods beginning on or after January 1, 2027, with retrospective application, meaning your 2026 figures must be restated. Get ready with us!
About the masterclass
This masterclass will guide you through the end-to-end journey of adopting IFRS 18 in Lucanet — from understanding the conceptual framework and restructuring your P&L and Cash Flow, to addressing data architecture challenges and correctly handling Management Performance Measures (MPMs) in line with the new standard.
Target group
- Finance & Accounting Professionals – Controllers, financial accountants, and group reporting specialists responsible for preparing IFRS-compliant financial statements who need to understand the impact of IFRS 18 on their reporting processes.
- CFOs & Finance Directors – Senior finance leaders who need a clear understanding of how IFRS 18 impacts their organization's financial reporting and what is required for a successful transition.
Agenda:
- Conceptual Framework and Current Practical Challenges
- Implementing IFRS 18 in the P&L and Cash Flow Structure
- Data Architecture Implications: Imports & Transformations
- Management Performance Measures (MPMs) under IFRS 18
Benefits:
- Gain practical IFRS 18 expertise – Develop a solid understanding of the new standard's requirements and learn how to translate complex accounting changes into actionable steps within Lucanet.
- Streamline your system implementation – Discover how to efficiently restructure your P&L and Cash Flow reporting and configure Lucanet to meet IFRS 18 compliance requirements with confidence.
- Master MPM disclosure requirements – Learn how to correctly identify, define, and present Management Performance Measures in Lucanet, ensuring full compliance with IFRS 18's enhanced disclosure obligations.