Virtual
IFRS and Accounting Standards Updates
Stay ahead of evolving accounting requirements, assess their business impact and lead your organisation through a smooth transition.
A practical, decision-focused programme for experienced finance leaders covering recent IFRS developments, Ind AS convergence, financial statement impact, disclosures, reporting changes, sustainability requirements and implementation readiness.
The Programme
Programme Overview
Introduction
Course Overview
Accounting standards are changing rapidly, and the challenge for senior finance professionals is not simply knowing what has changed—it is understanding what those changes mean for reported results, KPIs, financial statements, systems, covenants and stakeholder communication.
This programme provides experienced finance leaders with a practical view of the latest IFRS developments and Ind AS convergence. Through case studies and real-world scenarios, participants explore how accounting changes can affect financial reporting and how organisations can prepare for implementation.
The programme also addresses key areas of evolving reporting complexity, including financial statement presentation, management-defined performance measures, financial instruments, revenue, leases, sustainability reporting and the governance required to manage accounting-standard changes effectively.
Outcomes
What You Will Learn
- Understand recent IASB amendments, new standards and the ICAI/MCA Ind AS update pipeline.
- Assess effective dates, transition options and organisational readiness.
- Understand the governance roles of the CFO, audit committee and auditors in managing accounting changes.
- Understand IFRS 18 changes to the structure and presentation of the statement of profit or loss.
- Assess the implications of management-defined performance measures and reconciliation requirements.
- Understand how reporting changes can affect KPIs, investor communication and internal reporting.
- Review IFRS 9 and IFRS 7 developments relating to classification, measurement and derecognition.
- Understand financial-instrument disclosures, including instruments with ESG-linked features.
- Explore judgement areas under IFRS 15, including contract modifications, variable consideration and principal versus agent.
- Review IFRS 16 complexities including lease modifications, sale and leaseback and variable payments.
- Understand IFRS S1 and S2 and their relationship with financial statements.
- Assess climate-related risks, assurance readiness, data controls and integration of financial and sustainability reporting.
Methodology
How We Teach
- Case-study-based exploration of accounting-standard changes and their business implications.
- Real-world scenarios focused on financial statements, KPIs, covenants and systems.
- Practical interpretation of new requirements rather than purely theoretical coverage.
- Discussion around transition options, readiness and implementation challenges.
- Analysis of common audit and regulatory review findings.
- Leadership-focused discussions around governance, stakeholder communication and change management.
- Practical application to organisational reporting and transition planning.
The Outcome
Impact & Audience
For the Organization
Organizational Impact
- Improve readiness for evolving IFRS and Ind AS requirements.
- Identify potential impacts on financial statements, KPIs, covenants and internal reporting.
- Strengthen governance around accounting-standard changes and implementation.
- Reduce the risk of avoidable audit and regulatory review findings.
- Improve coordination between finance, audit, reporting, treasury and other affected functions.
- Support smoother transition and implementation of new accounting requirements.
For the Individual
Personal Impact
- Develop a clearer understanding of significant IFRS developments and Ind AS convergence.
- Improve the ability to assess how accounting changes affect reported results.
- Strengthen judgement in complex reporting and disclosure areas.
- Build confidence in discussing accounting changes with boards, auditors and investors.
- Understand the practical implications of financial reporting and sustainability requirements.
- Develop a more structured approach to accounting-change readiness and transition.
Audience
Who Should Attend
- Senior Finance Managers: To understand and assess the practical impact of evolving accounting standards.
- Finance Controllers: To strengthen reporting, disclosure and transition-readiness capabilities.
- CFOs & Finance Leaders: To evaluate business implications and lead accounting-standard change.
- Financial Reporting Professionals: To strengthen understanding of key IFRS and Ind AS developments.
- Accounting & Compliance Professionals: To anticipate implementation and governance requirements.
- Professionals Working with Auditors & Stakeholders: To communicate accounting changes and their financial impact effectively.
Curriculum
Course Outline
Session 1: IFRS & Ind AS Landscape – Key Changes and Readiness
- Review recent IASB amendments and new accounting standards.
- Understand the ICAI/MCA Ind AS update pipeline and convergence developments.
- Assess effective dates and available transition options.
- Identify the potential impact of accounting changes on the organisation.
- Develop a practical readiness checklist for implementing new requirements.
- Understand the roles of the CFO, audit committee and auditors in governing the change process.
Session 2: IFRS 18 – Presentation & Disclosure in Financial Statements
- Understand the new structure of the statement of profit or loss.
- Examine the operating, investing and financing categories.
- Understand management-defined performance measures (MPMs).
- Review reconciliation requirements for management-defined performance measures.
- Assess the impact of IFRS 18 on KPIs and internal reporting.
- Consider implications for investor communication and presentation of financial performance.
Session 3: Financial Instruments & Disclosure Updates
- Review key amendments to IFRS 9 relating to classification and measurement.
- Understand changes relating to derecognition, including electronic payments.
- Examine IFRS 7 disclosure requirements for financial instruments.
- Understand disclosures for financial instruments with ESG-linked features.
- Review key considerations around hedge accounting and expected credit loss.
- Assess treasury and financial reporting implications of the updates.
Session 4: Revenue, Leases & Recurring Complexity Areas
- Identify key judgement areas under IFRS 15.
- Assess accounting implications of contract modifications.
- Understand variable consideration and principal-versus-agent considerations.
- Review IFRS 16 issues relating to lease modifications.
- Examine sale and leaseback transactions and variable lease payments.
- Identify common audit and regulatory review findings and approaches to avoid them.
Session 5: Sustainability & Emerging Reporting Requirements
- Understand IFRS S1 and IFRS S2 and their relationship with financial statements.
- Examine the financial reporting implications of climate-related risks.
- Assess the effect of climate-related risks on impairment assessments.
- Consider the impact on provisions and going-concern assessments.
- Understand assurance readiness and the importance of effective data controls.
- Explore integration of financial reporting with sustainability reporting.
Faculty & Inclusions
Your Trainer
Faculty
Instructors Details
Faculty details will be shared as per the programme faculty assigned for the training. The programme requires experienced expertise in IFRS, Ind AS, financial reporting, accounting standards implementation and practical interpretation of reporting requirements.
What's Included
Certificates & Inclusions
- Certificate and programme inclusions as per the applicable training format.
- Practical case studies and real-world reporting scenarios.
- Discussion on IFRS developments and Ind AS convergence.
- Application-focused analysis of financial reporting changes.
- Transition and organisational readiness considerations.
- Focus on audit, governance and stakeholder implications.
Registration
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Upcoming IFRS and Accounting Standards Updates Sessions
20261216
Online
Questions
Frequently Asked Questions
The programme is designed primarily for experienced finance leaders and professionals who need to interpret evolving accounting requirements and assess their impact on financial reporting and business decisions.
Yes. The programme covers the latest IFRS developments along with the ICAI/MCA Ind AS update pipeline and convergence considerations.
Yes. The programme covers the new statement of profit or loss structure, management-defined performance measures and implications for KPIs, investor communication and internal reporting.
Yes. It addresses updates and judgement areas relating to IFRS 9 and IFRS 7, IFRS 15 revenue recognition and IFRS 16 lease accounting.
Yes. The programme covers IFRS S1 and S2, climate-related risks, assurance readiness, data controls and integration of financial and sustainability reporting.
