Lead Trainer
Thomas Egan
Accounting and Finance Trainer
Thomas Egan brings over 30 years of global expertise in accounting and finance training. A member of ISCA, CPA Australia, ACCA, and a licensed US CPA, Thomas has held key technical roles in a Big 4 firm, an international bank, and the aviation sector. He served on committees shaping accounting standards, financial reporting, and XBRL. With a master’s degree from the University of Wisconsin-Madison and a Postgraduate Diploma in Strategic Finance from Oxford, he also holds the CFA certification for ESG Investing. Thomas’s extensive experience ensures a transformative learning experience for all participants.
Course Summary
This 2-day course provides participants with a comprehensive understanding of recent advancements in both financial and non-financial reporting. Through practical demonstrations, real-world examples, and exercises, attendees will explore key updates in financial reporting, particularly the transition from IAS 1 to IFRS 18, and their impact on financial statements. The course also covers non-financial reporting standards, focusing on the increasing regulation across global regions. Participants will gain essential knowledge of the latest standards and regulations in non-financial reporting, equipping them to navigate this evolving field. This course offers a holistic overview of contemporary reporting practices, providing the tools and insights necessary to enhance financial and non-financial reporting.
Course Objectives
By the end of this course, participants will:
- Understand key updates, including the transition from IAS 1 to IFRS 18, and their impact on financial statements and compliance.
- Gain insights into global sustainability reporting trends, focusing on the ISSB framework and its integration with IFRS-based reporting.
- Develop the skills to implement updated financial and non-financial reporting requirements through real-world case studies and exercises.
- Learn how to align reporting practices with regulatory requirements, improving transparency, accuracy, and stakeholder confidence.
Course Content
- Changes Effective for Financial Years Beginning 1 January 2023
- Changes Effective for Financial Years Beginning 1 January 2024
- Major Future Changes/Initiatives
- IFRIC Agenda Decisions
- Sustainability Reporting
- Overview of Reporting and Assurance Standards
- The Financial Implications of Sustainability
- Elements of Sustainability Reporting
