Navigating IFRS 18: Insights from AFA’s Accounting Technical Head, Nasreen Khan

November 11, 2025

As the financial reporting landscape evolves, staying ahead of regulatory changes is critical for organisations aiming to maintain compliance and strategic advantage. One of the most significant upcoming changes is IFRS 18, a new international accounting standard for Presentation and Disclosure in Financial Statements that replaces IAS 1, effective for reporting periods beginning on or after 1 January 2027. Companies need to start preparing for IFRS 18 in advance because its implementation requires significant changes to financial systems, processes, and reporting, which will take time to assess, plan, and execute.

Successful adoption requires more than understanding accounting theory—it demands practical planning, tailored solutions, and hands-on experience. AFA has developed the IFRS 18 Implementation Workshop to support organisations in this transition. This expert-led program guides finance teams through the complexities of the new standard, focusing on the real-world impact IFRS 18 may have on your financial reporting processes.

The AFA team has led IFRS 18 workshops, taking clients through the roadmap. With extensive IFRS expertise and practical experience in implementing major reporting changes, our goal is to ensure your organisation not only understands the standard but is fully equipped to embed it into your reporting processes with confidence.

Each workshop is tailored to your company’s unique structure and adoption timeline. This approach ensures your team can translate compliance requirements into actionable steps across finance operations.

Having already delivered customised IFRS 18 training for a major listed client, AFA brings practical insight and hands-on experience to help your team plan, prepare, and implement IFRS 18 effectively. From understanding key accounting impacts to implementing process changes, our goal is to give your finance function the confidence to lead the transition.

For more information on our IFRS 18 Implementation Workshop and how AFA can support your organisation, visit www.AFA.Global or call +27 (0)10 013 4277