Webinars On-Demand

2026 Accounting Standards Update

Overview    

Several new and amended standards becoming effective in the 2026 financial reporting period. Most notably, IFRS 18 – Presentation and Disclosure in Financial Statements introduces fundamental changes to how performance is presented, while IFRS 19 – Subsidiaries without Public Accountability: Disclosures establishes a new reporting framework for eligible subsidiaries.  

This webinar provides a clear and practical update on the most critical IFRS developments including recent IFRIC agenda decisions and ongoing IASB projects that impact the 2026 reporting cycle. It focuses on the key technical requirements and common application challenges.   

Join Caryn Maitland CA(SA) as she unpacks the key IFRS changes for 2026, explains their practical implications and equips you with the knowledge required to ensure compliance, consistency and audit readiness.   

Learning objectives   

Attending this webinar will equip you with the following skills:  

• Understand the objectives, structure and practical implications of IFRS 18 including changes to the statement of profit or loss, required subtotals, expense presentation and management-defined performance measures. 

• Gain clarity on IFRS 19 including eligibility criteria, reduced disclosure requirements and how it differs from IFRS for SMEs. 

• Identify and interpret IFRIC agenda decisions relevant to 2026, particularly those linked to IFRS 18 presentation, classification and disclosure issues. 

• Understand which IASB Work Plan projects and amendments are most relevant for 2026 financial statements and which developments should be monitored for future periods. 

• Apply professional judgement confidently, ensuring financial statements comply with IFRS, the Companies Act and professional standards while avoiding common implementation errors. 

Content   

The webinar will cover the following topics:  

• Overview of the IASB Work Plan and the 2026 Reporting Environment. 

  • Purpose and structure of the IASB Work Plan. 

  • Mandatory standards, exposure drafts and agenda decisions. 

  • Effective dates, transition timelines, and early adoption considerations. 

• IFRS 18 – Presentation and Disclosure in Financial Statements. 

  • Objective and scope of IFRS 18. 

  • Replacement of IAS 1 presentation requirements. 

  • Statement of profit or loss: 

    • Operating, investing and financing categories. 

    • Mandatory subtotals and consistency requirements. 

  • Expense presentation by nature and by function. 

  • Management-defined performance measures (MPMs). 

  • Enhanced disclosure and comparability requirements. 

  • Interaction with IAS 7, IAS 12 and other relevant standards. 

  • IFRIC agenda decisions and interpretive issues related to IFRS 18. 

• IFRS 19 – Subsidiaries without Public Accountability 

  • Purpose and scope of IFRS 19. 

  • Eligibility criteria and exclusions. 

  • Reduced disclosure framework. 

  • Recognition and measurement under full IFRS. 

  • Comparison with IFRS for SMEs. 

  • Strategic considerations for group reporting. 

• IFRIC Agenda Decisions Relevant to 2026. 

  • Role and authority of IFRIC agenda decisions. 

  • IFRS 18-related agenda decisions. 

  • Expense classification, presentation and disclosure issues. 

  • Implications for accounting policies and professional judgement 

• Other IASB Projects and Amendments Impacting 2026. 

  • Financial instruments with characteristics of equity. 

  • IFRS 9 developments (measurement, transaction costs, risk mitigation). 

  • IFRS 16 post-implementation review. 

  • IAS 28, IAS 37 and targeted improvements. 

  • Rate-regulated activities standard. 

  • Pipeline projects practitioners should monitor. 

• IFRS for SMEs – Interaction with IFRS Developments. 

  • Position of IFRS for SMEs in the 2026 reporting landscape. 

  • When IFRS for SMEs remains appropriate. 

  • Disclosure and transition considerations 

• South African Context and Professional Considerations