Corporate Reporting with MFRS, Sustainability & Climate Change Reporting (IFRS S1 & S2)

HRD Corp Programme Number : 10001670809

If you are looking for Remote Online training on “Corporate Reporting with MFRS, Sustainability & Climate Change Reporting (IFRS S1 & S2)”, please CLICK HERE.

INTRODUCTION

This is a  comprehensive 1-day seminar designed for finance professionals to master the transition from MFRS 101 to MFRS 18 and implement the new global baseline for sustainability disclosures, IFRS S1 and S2.

Download Brochure and Registration Form HERE

Training Date :
14th October 2026 (Dorsett Grand Subang, Subang Jaya, Selangor, Malaysia)

CORE CONCEPT EXPLAINER: THE SHIFT TO MFRS 18

What is MFRS 18? MFRS 18, Presentation and Disclosure in Financial Statements, replaces MFRS 101 to enhance the comparability and transparency of financial performance reporting.

• Key Changes covered in this course:

  • New P&L Structure: Introduction of three new categories—Operating, Investing, and Financing.

  • Mandatory Subtotals: Requirement to present “Operating Profit” and “Profit Before Financing and Income Tax”.

  • Management-Defined Performance Measures (MPMs): New disclosures for “non-GAAP” measures to ensure they are audited and transparent.

  • Aggregation & Disaggregation: Improved principles for grouping information to prevent clutter in the notes.

SUSTAINABILITY & CLIMATE CHANGE DISCLOSURE

• Implementing IFRS S1 & S2 in Malaysia: Aligned with the National Sustainability Reporting Framework (NSRF), this module prepares entities for mandatory climate-related disclosures.

• Course Highlights:

  • IFRS S1: General requirements for disclosing all material sustainability-related risks and opportunities.

  • IFRS S2: Specific requirements for climate-related disclosures, including Scope 1, 2, and 3 GHG emissions.

  • Financial Connectivity: Learning how sustainability factors impact business strategy, cash flows, and financial statements.

LEARNING OUTCOMES :

By the end of this training the participant should be able to :

• Understand how to read & prepare corporate financial statements.
• Understand the terminology used in Financial Statements & selected MFRS
• Understand the selected MFRS & apply to their working environment.
• Enhance their knowledge on Reporting & MFRS.
• Enhance their knowledge on Climate Change Reporting & apply to the preparation of the Financial Statements

METHODOLOGY

This workshop’s methodology is a combination of expert input, examples & hands-on practical exercises as follows:

• PowerPoint presentations
• Discussions using real-life examples
• Case studies

WHO SHOULD ATTEND :

1) Fresh Graduates

2) Financial Analysts

3) Auditors

4) Accounting/Finance Managers

5) Accounts executives

6) Anyone who wishes to gain a better understanding of accounting & MFRS.

REQUIREMENTS

Please bring along a Calculator.

FULL COURSE SYLLABUS

MODULE 1: UNDERSTANDING CORPORATE FINANCIAL STATEMENTS INCORPORATING MFRS 18 PRESENTATION & DISCLOSURE IN FINANCIAL STATEMENTS

 Fundamentals of Corporate Financial Statements and Annual Reports

 IFRS 18- Presentation & Disclosure in Financial Statements

 Definitions

 Fundamental Principles

 Formats- of SOPL & OCI ( New format)

 Format- SOFP

 Format- SOCF

 Format- SOCE

 Principles of Aggregation & Disaggregation

 Offsetting Amounts

 Statement of profit or loss & other Comprehensive Income ( New Format)

 New Categories & Subtotals of income & expenses in Statement of profit or loss

 Additional Requirements for entities with specified main business activity

 Management- defined Performance Measures (MPM) – Disclosure

 Templates of IFRS 18

 Case studies- Financial Reports of Public listed companies

 Q&A

MODULE 2: IFRS SUSTAINABILITY DISCLOSURE STANDARDS, IFRS S1 & S2

 IFRS S1-General Requirements for Disclosure of Sustainability-related Financial Information

 IFRS S2- Climate Related Disclosures

 Impact of IFRS S1 & IFRS S2 on the Financial Statements & Disclosure requirements

 Case studies- Sustainability Reports of Public listed companies

 Q&A

MODULE 3: CASHFLOW STATEMENTS

 MFRS 107 -Cashflow statements

 Key sections of the Cash flow Statement

 Format of Direct Method & indirect Method

 How cashflow statement is generated

 Cash & Cash Equivalents

 Difference between Cashflow & Profits

 Case study

 Introduction to Supplier Finance Arrangements & impact to MFRS 107

 Q&A

MODULE 4: MFRS 108 ACCOUNTING POLICIES, CHANGES IN ACCOUNTING ESTIMATES & ERRORS

 Definitions

 Fundamental Principles

 Accounting policies

 Changes in accounting estimates

 Correction of errors

 Presentation & Disclosure

 Impact of Climate reporting on the Accounting policies, & Disclosure requirements

e.g. impact of climate change, natural disasters legislative changes , adapting to new trends, on PPE, impairment, going concern & accounting policies & estimates.

MODULE 5: MFRS 137 PROVISIONS , CONTINGENT LIABILITIES & CONTINGENT ASSETS

 Definitions

 Fundamental Principles

 Provisions

 Contingent Liabilities

 Contingent Assets

 Presentation & Disclosure

 Impact of Climate reporting on MFRS 137

 Recognition of Liabilities & Provisions in respect of climate related commitments & Disclosure requirements

 Effect on recognition, measurement and disclosure of liabilities related to penalties

 Onerous Contracts due to changes in business strategy

 Tentative Agenda Decision issued in April 2024- on Climate Related Commitments

END OF PROGRAMME

DOWNLOAD THE COURSE CONTENT IN PDF FORMAT FROM HERE

FACILITATOR

Ms. Sonia Ram CA(M), ACMA, CGMA, AAIA

PSMB Train-The-Trainer certificate no: TTT/20697

Click HERE to download Sonia Ram profile in PDF format

Sonia Ram, a Fellow Member (FCMA) of the Chartered Institute of Management Accountants (CIMA) since 2004 and a member of the Malaysian Institute of Accountants (MIA) since 2005, has had a long and distinguished career as a Management Accountant in well-known Malaysian and International companies.

She started her career in Finance as an auditor. Among her achievements are winning awards as a student , CIMA– 4th Place worldwide prize winner– Financial Reporting (IAS) Paper, & for AIA – Bronze Medal Winner – Statistics & Data Processing Paper.

From 1996-2002 she worked as a Lecturer in a Local College lecturing in Accounting, Statistics for Diploma & Undergraduate students of various disciplines.

Subsequently, from 2002 till 2019, she held managerial positions in various multinational corporations within the electronics manufacturing sector, handling a wide range of portfolios from Corporate Reporting, Costing, Budgeting & Forecasting, Performance improvement . She also spearheaded her team’s successful implementation of the new MRP system and W-desk setup to ensure Sox compliance, even conducting in-house training for the team.

Sonia possesses hands-on experience with the MS Office Suite and is a Certified MS Office Specialist for MS Excel 2016. She demonstrates a strong commitment to continuous learning by actively staying updated with the latest industry requirements.

In addition to her technical expertise, Sonia is also an HRD Corp Accredited Trainer.