- Presentation of the aims of the new standard
- Introduction to the new income statement structure: Operating/Investing/Financing
- Breakdown of income and expenses into three categories: Operating, Investing, Financing
- Clarification of mandatory subtotals and treatment of performance indicators

✔ APPLY | Quiz on expenses and income to be recorded in each category

- Determining classification according to core business and nature of assets
- Specific treatment of equity-accounted entities, reclassifications and disposals

✔ UNDERSTANDING | Illustration: analysis of the Renault and Safran cases
✔ UNDERSTANDING | Analysis of the challenges posed by multiple core businesses, particularly in the case of divergence between a subsidiary's core businesses and those of the Group.
divergence between the core activities of a subsidiary and at group level
✔ APPLY | Case study: handling complex situations relating to customer investments and
customer financing

- Classification based on the category of origin of the income or expense concerned
- Allocation of gains/losses on derivatives according to the nature of the risk hedged,
even without formal hedge accounting
- Specific provisions for allocation between categories and allocation options
for discounted provisions

✔ UNDERSTANDING | In-depth study of IFRS 18.B65 to B75
✔ APPLY | Case study: treatment of a "grossing-up" case and a mixed hedge
(sales/interest)

- Possibility to opt for a presentation according to the nature or destination of expenses,
depending on user readability
- Additional information required for presentation by purpose:
breakdown by nature, cost of sales, depreciation, etc.
- Reconciliation required for items split into several categories

✔ UNDERSTANDING | Analysis of the requirements of IFRS 18.78 to 18.83
✔ APPLY | Case study: reconciling expenses by type (depreciation, provisions, etc.)
(depreciation, provisions, etc.)

Subtotals derived from management's vision, outside the financial statements
- Mandatory description, justification and reconciliation (IFRS 18.117 to 18.124)
- Distinction between MPMs and regulatory IFRS subtotals

✔ APPLIQUER | Case study: Safran adjusted accounts and its IFRS reconciliation
✔ APPLY | Quiz: what is an MPM and what is not

- Mandatory entry into force in 2027 with 2026 comparatives
- Partial alignment with the cash flow statement
- Impact on segment indicators, earnings per share (IAS 33) and external communication

✔ UNDERSTAND | Analysis of transitional arrangements and amended provisions of IAS 33
✔ ASSESS | Group discussion: preparing for the transition and possible trade-offs