MFRS 18: Presentation and disclosure in financial statements and other updates – Webinar 2026

HRD Corp Claimable Course (T&C applies*)
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Webinar sessions:
9:00am - 12:00pm
2:00pm - 5:00pm
This webinar provides a comprehensive overview of the newly issued MFRS 18 Presentation and Disclosure in Financial Statements, which becomes effective on 1 January 2027, replacing MFRS 101 Presentation of Financial Statements. Learners will develop a practical understanding of the new presentation and disclosure requirements, the underlying reporting principles and their impact on financial reporting and compliance. The webinar also includes an overview of MFRS 19 Subsidiaries without Public Accountability: Disclosures, which offers eligible subsidiaries the option to significantly reduce disclosure requirements if adopted.
Key topics covered:
MFRS 18 Presentation and Disclosure in Financial Statements
Replacing MFRS 101 Presentation of Financial Statements 1 January 2027
Objective of financial statements and a complete set of financial statements
The roles of the primary financial statements and the notes
Identification of the financial statements
Amendments to Statement of financial performance
Categories for classifying income and expenses: operating, investing, financing, income taxes and discontinued operations
Presenting discontinued operations (statement of profit or loss) and non-current assets held for sale (statement of financial position) (MFRS 5)
Classification of gains and losses on derivatives and designated hedging instruments
Newly defined sub-totals in statement of profit or loss
Items to be presented in the statement of profit or loss or disclosed in the notes (presentation and disclosure of expenses by nature and/or function)
Statement presenting comprehensive income
Amendments to Statement of financial position and Statement of changes in equity
Information to be presented in the statements or disclosed in the notes
Consequential amendments to Statement of cash flows (MFRS 107)
Notes to accounts and other disclosures
Management-defined performance measures
Principles of aggregation and disaggregation
Offsetting
Transition and implementation notes
MFRS 19 Subsidiaries without Public Accountability: Disclosures
Optional MFRS wef. 1 January 2027
Subsidiaries eligible to apply for MFRS 19
The reduced disclosure requirements
Effects for companies and implementation notes
Presenter:
Lau Chee Kwong
Dr Lau is Associate Professor of Accounting with the Nottingham University Business School, Malaysia. He has over 25 years of practical experience in financial accounting and corporate reporting, corporate finance, banking management, financial management, academic administration, lecturing, corporate training and consultation work. As a TTT certified trainer, he conducts training, lectures, and seminars for inhouse corporate clients as well as public courses in IFRS/MFRS, sustainability reporting, financial shenanigans, etc. Dr Lau lectures the Bachelor’s degree programmes, MBA, Master of Finance, professional papers, and supervises Master's and PhD students in their research projects. His research papers have been published in journals and presented in national as well as international conferences. He served as a member of the Issues Committee of the Malaysian Accounting Standards Board (MASB) from 2008 to 2013.