IFRS Update 2025

CFOs
Accountants
Financial analysts
Finance directors
Finance controllers/managers
Audit practitioners
Internal auditors who want to stay updated with the latest developments in IFRS and prepare for the impact of those on their business.

What are the hot topics in IFRS and sustainability reporting in 2025? 

Join us for an exceptional two-day training led by PwC's oustanding IFRS accounting and Sustainability expert. Delve into the latest hot topics and amendments in IFRS accounting standards and explore crucial sustainability reporting topics. Don't miss this opportunity to enhance your expertise and stay ahead in the ever-evolving field of IFRS and Sustainability reporting!

●          We are pretty sure you have heard that two new standards, IFRS 18 and IFRS 19 are coming soon. Would you   like to learn about the detailed proposal and potential issues about the standards that you should be considering now?

●          Applying IFRS Accounting standards is challenging. We have collected some exciting practical issues that we have seen in our CEE practice and would like to share with you, for example how to handle different share-based payment schemes, how to classify issued preference shares including complex features, common pitfalls of liquidity disclosures under IFRS7, and many more!

●          Obviously we will be covering new amendments, IFRIC agenda decisions and developments in standard setting applicable for 2025 and beyond

●          Last, but not least we will be discussing reporting requirements on sustainability, a really hot topic. Have you heard that the EU Omnibus simplification directive is expected to be issued on 26 February?

Day 1

IFRS Update 2025

Hot topics, practical issues in accounting

• IFRS 18 - Presentation and Disclosure in Financial Statements
• IFRS 19 - Subsidiaries without Public Accountability: Disclosures
• Practical issues we have seen - liquidity disclosures, FV classification, revenue disaggregation, changes in liability from financing activity
• ESMA enforcement priorities for 2024 financial statements
• Financial instruments with tricky features - IAS 32 Debt versus Equity Classification
• How to handle different share based payment schemes? - IFRS 2 Share-based Payment related practical issues

   What’s new?

• Amendments to IFRS 9 and IFRS 7 - Nature dependent electricity
• IFRS 8 Segment Reporting – IFRIC Agenda Decision
• Further new standard amendments, IFRIC agenda decisions and IASB’s workplan
• The IASB’s new project on Climate-related Risks in the Financial Statements

Day 2

Sustainability Awareness

• Net zero
• Why SDGs matter for businesses
• Introduction to ESG and ESG reporting
• Sustainable finance
• Sustainable supply chain
• Stakeholder management
• European sustainability reporting and taxonomy
• Sustainability reporting frameworks and the GRI Standards

Introduction to the European Sustainability Reporting Standards

• Introduction to ESRS 1 and ESRS 2
• Introduction to ESRS E1–E5
• Introduction to ESRS: S1–S4 and G1

Gábor Balázs
Partner, IFRS accounting advisory, PwC Hungary

Gábor, a seasoned IFRS technical partner, brings over two decades of expertise in assisting large clients with complex accounting issues across Central and Eastern Europe and Asia. He co-authored the PwC IFRS Manual of Accounting and conducts IFRS training sessions throughout the PwC network.

Gábor holds the distinction of being one of only two partners in Central and Eastern Europe with global PwC accreditation for technical work in sustainability reporting. He is currently serving as a technical review partner for the Wave1 CSRD reporting of PwC's major audit clients.

In addition, Gábor has been appointed as the partner responsible for overseeing the internal training of PwC's sustainability reporting experts globally.