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When Financial Statements Look Right but Tell the Wrong Story
Numbers can be correct and still misleading. This session explains how IFRS 18 changes presentation and why structure and clarity now matter more than ever.
Date:
1 October, 2026
Time:
14:00
Hours:
2 hours
CPD Units:
3
Category:
Financial Reporting
Group:
Channel 2: Growth
Format:
Live Event
R345,00 VAT incl.
Product Information
Financial statements are often prepared to be correct, not to be understood. IFRS 18 shifts the focus toward how information is presented and interpreted. Poor structure, inconsistent categories, and weak presentation can mislead users even when the numbers are accurate. This session focuses on how IFRS 18 reshapes the presentation of financial statements and why this matters for credibility and analysis. Understanding these changes improves transparency and makes financial information easier to read and compare. This session helps ensure financial statements tell a clear and honest story, not just a technically correct one.
Presenter/s
Prof. Cobus Rossouw
Associate Professor in Financial Accounting at the University of the Free State Specialises in IFRS and IFRS for SMEs, with a focus on research, and professional training for accountants
What will set you apart
Why presentation affects understanding
What IFRS 18 changes in financial statements
How performance categories influence interpretation
Why consistency matters across periods
How poor presentation hides real performance
Where judgement affects clarity
Event breakdown
Purpose of IFRS 18
Structure of financial statements
Performance categories explained
Operating and financing results
Consistency across periods
Presentation choices
Common presentation mistakes
Improving clarity
Certificate
The following event is awarded 3 CPD units in Financial Reporting.