IFRS 18: Preparing UAE Businesses for the New Financial Reporting Requirements
Is your business ready for the new financial reporting requirements?
Effective for annual reporting periods beginning on or after 1 January 2027, IFRS 18 will replace IAS 1, introducing significant changes to how businesses present and disclose financial performance in their financial statements.
While the new standard does not change how profit is measured, it changes how financial performance is presented and reported. Join our expert-led webinar to understand what IFRS 18 means, explore its key changes and discover how it could impact your business and financial reporting processes.
What Will You Learn?
Our session will cover the key aspects of IFRS 18, including:
Understanding IFRS 18
Why the new standard was introduced and what it aims to achieve.
Key Changes
The five categories of income and expenses, two mandatory subtotals and new disclosure requirements.
Impact on Financial Statements
How the presentation of operating profit, investing activities, financing costs and other financial information will change.
Management Performance Measures
Understanding the new disclosure requirements for Management-defined Performance Measures (MPMs).
Industry-wise Implications
Exploring how IFRS 18 may affect businesses across manufacturing, retail, real estate, financial services and other sectors.
Preparing for 2027
Key considerations and practical steps for transitioning from IAS 1 to IFRS 18.
Is This Webinar for You?
This webinar is particularly relevant for:
- CFOs and Finance Directors
- Finance Managers and Financial Controllers
- Chief Accountants and Accounting Professionals
- Auditors and Financial Consultants
- Business Owners and Senior Management
Prepare for the Changes Ahead
Gain clarity on the upcoming reporting changes and understand what they could mean for your organisation.
- Understand the new financial reporting requirements.
- Identify potential changes to your financial statements.
- Recognise the implications for your industry and business.
- Understand the key steps to prepare for IFRS 18 implementation.
About the Speakers
Pranav Modi
Co-Founder, Horizon Biz Consultancy | Chartered Accountant (ICAEW & ICAI)
CA Sunitha Cherian
Sr. Manager - Audit & Tax Advisory | FTA Approved Tax Agent, Horizon Biz Consultancy & ARCA Auditors
CA Pranav Modi
Co-Founder, Horizon Biz Consultancy | Chartered Accountant (ICAI & ICAEW)
With over 15 years of experience across the UAE and GCC markets, Pranav Modi brings extensive expertise in business valuation, mergers and acquisitions, due diligence, and strategic advisory. As a Chartered Accountant and Co-Founder of Horizon Biz Consultancy, he has successfully led 150+ advisory mandates, helping businesses unlock value, navigate complex transactions, raise capital, and pursue strategic growth opportunities.
His strength lies in combining financial expertise with commercial insight to deliver practical, value-driven solutions. Whether it is business valuation, M&A transactions, financial due diligence, or strategic planning, Pranav is known for his analytical approach and ability to guide businesses through critical financial and corporate decisions.
With a strong understanding of regional and international business environments, he works closely with organisations to identify opportunities, strengthen business strategies, and facilitate sustainable expansion across the UAE, GCC, and global markets. A member of ICAI (India) and ICAEW (UK), Pranav brings a global perspective and professional rigour to every engagement.
CA Sunitha Cherian
Sr. Manager – Audit & Tax Advisory | FTA Approved Tax Agent, Horizon Biz Consultancy & ARCA Auditors
Sunitha Cherian is a seasoned tax and audit professional with deep expertise in UAE compliance frameworks and financial systems. Known for her hands-on approach, she works closely with businesses to bridge the gap between VAT, regulatory requirements, and operational execution.
Her experience spans across audit, VAT, tax advisory, and system-level implementation, making her particularly strong in areas where finance, technology, and compliance intersect. She has been closely involved in guiding businesses through evolving regulatory changes, with a focus on practical implementation, system readiness, and process alignment.
Sunitha is recognised for breaking down complex technical requirements into structured, actionable steps, helping businesses not just understand compliance, but execute it effectively.
Feedback That Speaks
Join Our IFRS 18 Webinar with Horizon Biz Consultancy
Preparing UAE Businesses for the New Financial Reporting Requirements
20 November 2026
4:00PM Onwards
Understand what IFRS 18 means for your financial statements, reporting processes and performance measures. Learn about the new presentation requirements, mandatory profit or loss categories, management-defined performance measures (MPMs) and the practical steps businesses need to take before implementation.
Limited seats available. Start preparing today for IFRS 18, effective for annual reporting periods beginning on or after 1 January 2027.