IFRS 18 Transition Toolkit

Awareness, interpretation and practical implementation

With IFRS 18, Presentation and Disclosure in Financial Statements, becoming effective for annual reporting periods beginning on or after 1 January 2027, finance professionals are entering one of the most significant changes to financial statement presentation in recent years. By building awareness, organizations can begin preparing early, strengthen their reporting frameworks, and ensure readiness for the successful adoption of IFRS 18 in 2027.

To support accountants, finance teams, and financial statement preparers throughout this transition, PA Global has launched a comprehensive IFRS 18 Awareness and Implementation Series. This initiative is designed to break down the standard into practical, easy-to-understand topics, helping professionals move beyond the technical requirements and understand the real-world implications of the new standard.

Our Objectives

Awareness, Interpretation, and Practical Implementation Guide for Accountants
  1. Raise awareness of the changes introduced by IFRS 18.
  2. Explain the differences between IAS 1 and IFRS 18 in a practical manner.
  3. Provide illustrative examples that demonstrate how financial statement presentation and disclosures will change.
  4. Help accountants prepare for implementation and adapt their reporting processes.
  5. Facilitate a smoother and more effective transition ahead of the 2027 mandatory adoption date.

In this series

  1. Part 1
    IFRS 18 – Presentation and Disclosure in Financial Statements
    3 AUG 2026
    Assurance
    IFRS 18, Presentation and Disclosure in Financial Statements, is an International Financial Reporting Standard issued by the International Accounting Standards Board (IASB) on 9 April 2024. It establishes the requirements...
  2. Part 2
    IFRS 18: Is Your P&L Ready?
    11 AUG 2026
    Assurance
    Reporting Standards
    A Brief Guide for Entities to present and disclose their financial performance IFRS 18- Presentation and Disclosure in Financial Statements - replaces IAS 1 - Presentation of Financial Statements -...
  3. Part 3
    IFRS 18: Are Your Management Performance Measures Ready?
    19 AUG 2026
    Assurance
    Reporting Standards
    A Brief Guide for Entities to present and disclose their financial performance Introduction IFRS 18 – Presentation and Disclosure in Financial Statements, introduces specific disclosure requirements for Management-Defined Performance Measures...
  4. Part 4
    IFRS 18: Are You Showing Enough? Aggregation & Disaggregation
    1 SEP 2026
    Assurance
    Reporting Standards
    A Brief Guide for Entities to Present and Disclose Their Financial Performance IFRS 18 Presentation and Disclosure of Financial Statements is not only changing the structure of the Statement of...
  5. Part 5
    IFRS 18: Disclosure of accounting policies: A Brief Guide for Accountants  
    8 SEP 2026
    Assurance
    Reporting Standards
    Less Boilerplate, More Material Accounting Policy Information IFRS 18, Presentation and Disclosure in Financial Statements, brings major changes to financial statement presentation, but its effect on accounting policy disclosures is...
  6. Part 6
    Under IFRS 18: Going Concern / Accrual Basis — What Actually Changed?
    16 SEP 2026
    Assurance
    Reporting Standards
    A Brief Guide for Accountants Not every change arising from IFRS 18 means a change in accounting. Unlike the new P&L structure, Management-Defined Performance Measures and enhanced aggregation and disaggregation...
  7. Part 7
    Under IFRS 18: Offsetting & Netting: What Has Really Changed? A Practical Guide for Accountants
    29 SEP 2026
    Assurance
    IFRS 18, Presentation and Disclosure in Financial Statements, changes several important aspects of financial statement presentation, but offsetting and netting are not fundamentally new rules. The core principle remains: Do...
All series