For experienced BC consultants and finance professionals, understanding IFRS at a conceptual level is only half the battle. The real challenge is knowing where Business Central supports compliance natively, where configuration is required, and where the system falls short — and what to do about it.
In this 45-minute session, we will walk through how key IFRS and IAS standards map directly to Business Central's features and functionality, including:

IFRS 16 — how right-of-use assets and lease liabilities are structured and tracked in BC

IFRS 9 — applying the Effective Interest Rate method to financial instruments and how to model amortized cost measurement within BC's finance modules

IAS 21 — handling functional currency, period-end revaluations, and the critical role of the foreign currency translation reserve in group consolidation

IAS 2 — aligning BC's costing methods with cost measurement and net realisable value requirements

This session goes beyond theory. For each standard, we will identify what Business Central handles out of the box, what requires careful configuration, and where finance teams need to apply manual discipline or seek third-party extensions — giving you an honest, practical picture you can take back and apply immediately.

Whether you are advising clients on IFRS readiness, configuring BC for a first-time IFRS audit, or simply looking to sharpen your knowledge at the intersection of accounting standards and ERP systems, this session will give you tangible insights you can act on.