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When Financial Statements Look Right but Tell the Wrong Story

Date:

1 October, 2026

Time:

14:00

Hours:

2 hours

CPD Units:

3

Category:

Financial Reporting

Group:

Channel 2: Growth

Format:

Live Event

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.

How to get this session: CIBA members access it through their channel, log in and find it under My CPD. Not a member yet? Buy this single session, or join CIBA to unlock your full channel

R345,00 VAT incl.

Event 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.