Session

Ready for IFRS 18: Rebuilding Your Primary Financial Statements in Business Central

Track 3:- Business Central with a focus on Retail, Supply Chain and Integrations

**Elevator pitch:**
IFRS 18 replaces IAS 1 from 1 January 2027... which makes the 2026 comparatives you're posting now the real deadline. See how to rebuild your P&L, statement of cash flows and group reporting in Business Central Financial Reporting, before the standard forces your hand.

**Description:**
IFRS 18 is the biggest change to financial-statement presentation in over two decades, and it lands for periods beginning 1 January 2027, So for most companies the 2026 comparatives being posted right now are the real deadline.

It is, explicitly, an ERP configuration project: every income and expense line has to be classified into the new operating, investing and financing categories, with two new mandatory subtotals, and management-defined performance measures (MPMs) pulled into the audited statements for the first time.

This demo-led session shows how to do that work in Business Central using Financial Reporting, account categories, row and column definitions instead of dropping to a spreadsheet.

We'll restructure the P&L into the IFRS 18 categories and subtotals; rebuild the statement of cash flows to reflect IFRS 18's consequential changes to IAS 7 (a defined operating-profit starting point and standardized classification of interest and dividends); set up MPM reconciliations; and run the same reports across a consolidated, multi-entity group; including how retail and distribution groups with multiple legal entities roll up under the new presentation.

Aimed at consultants, solution architects and finance leads who will own this transition, with practical setup patterns you can take straight back to a live tenant.

**Key takeaways:**
- What IFRS 18 actually changes and why 2026, not 2027, is the deadline
- Restructure the P&L into IFRS 18 categories and mandatory subtotals in BC Financial Reporting
- Rebuild the statement of cash flows for IFRS 18's amendments to IAS 7
- Handle MPM reconciliations and consolidated group reporting in the same tooling

**Notes to organizers:**
Timely: IFRS 18 first-year preparation, directly relevant to every attendee's 2026 close. Native BC Financial Reporting, demo-led. Complements the IAS 2 costing session as a two-part BC finance stream.

Shailesh Apte

Chartered Accountant (ACA) & Dynamics 365 Business Central Solution Architect | IFRS in Business Central | bcforfinance.com

Milton Keynes, United Kingdom

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