IFRS 18 Readiness: Strengthening Financial Reporting and Presentation

IFRS 18 replaces IAS 1 on 1 January 2027, representing the most significant restructuring of income statement presentation in over two decades. For December year-end entities in Kuwait, 2026 is already the comparative year. This one-hour practitioner-led briefing outlines what organisations should be preparing for today.

Event Details
Asia/Kuwait
29th June 2026, 10:00 – 11:00 Kuwait Time
 

Key Learnings

 

  • Understanding the structure and scope of IFRS 18 and its impact on financial statement presentation
  • The five-category income statement and the new mandatory subtotals introduced under IFRS 18
  • Management-defined Performance Measures (MPMs) and related disclosure requirements
  • Retrospective restatement requirements and the implications for 2026 comparative information