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Introduction
This training seeks to enable participants to understand the requirements of MFRS 18 that was issued in 2024, be able to make assessments plus identify possible areas of concern.
- MFRS 18
What is MFRS 18?
- Reasons for project
- Review of past projects by IASB / MASB
Key NEW requirements under MFRS 18
- Effective date for MFRS 18
- Areas in Financial Statements that are significantly affected
- Statement of Profit or Loss – categories and disclosures, plus assessments required
- Management defined performance measures
- Aggregation and disaggregation
- Other matters
Challenges / issues
Preparations for implementation
Summary and conclusion