CPD - IFRS Update 2025 - 8 October 2025

Presenter

Chantal Sofiadellis
Associate Director

View Presenter Profile here

Course outline

IFRS introduces exciting recent changes affecting presentation and disclosure in financial statements. Many of the new changes will affect entities in one way or another, whether your entity is a sole proprietor or you are part of a major group consolidation.

This session explores some of the significant changes that entities should be aware of. We explore changes that are already effective, those on the horizon, and those that are yet to come.

Content:

The areas we will be covering in the session are:

1. Those standards effective from 1 January 2024:
   a. Classification of liabilities as current or non-current – amendments to IAS 1
   b. Non-current liabilities with covenants – amendments to IAS 1
   c. Supplier finance arrangements – affecting IFRS 7 and IFRS 9
   d. IFRS S1 General Requirements for Disclosure of Sustainability-related Financial Information
   e. IFRS S2 Climate-related Disclosures
2. IFRS 17 Insurance Contracts – effective 1 January 2023:
   a. Focusing on implementation as per Appendix C
3. IFRS 18 Primary Financial Statements
   a. An introduction to the new standard effective from 1 January 2027
4. IFRS 19 Subsidiaries without Public Accountability
   a. An introduction to the new standard and who is eligible to apply it – effective from 1 January 2027
5. Other developments to take note of:
   a. Current Exposure Drafts open for comment
   b. Pipeline projects on the IASB’s radar

Important to note:

• The course is open for 12 months and will then close.
• A recording will be made available after the session.  The recording will be available even if you were not able to join the session, and thus no refund will be applicable.
• Certificates will be issued on the date of successful completion of the assessment. The certificate will reflect the date of the training session.