2026 Agenda
- David Wray - NED & Board Member, DFCG (French network of CFOs and Controllers)
- Key developments in standards:
- IASB agenda update
- ISSB agenda update
- Interpretations Committee Updates
- IESBA update
- How IFRS Accounting Standards and IFRS Sustainability Disclosure Standards complement each other
- How the IESBA Code of Ethics complements and underpins IFRS Accounting and Sustainability Disclosure Standards
- Bruce Mackenzie - Chair, IFRS Interpretations Committee and Member, IASB
- Richard Barker - Member, ISSB
- Gabriela Figueiredo Dias - Chair, IESBA
As 2026 marks a pivotal year in sustainability reporting, organizations face the complex challenge of getting ready to implement UK Sustainability Reporting Standards (UK SRS). Some are also navigating European sustainability reporting requirements at the same time, with the Corporate Sustainability Reporting Directive (CSRD) coming into force for EU subsidiaries and getting ready for the associated non-EU group reporting using European Sustainability Reporting Standards (ESRS). Interoperability between disclosure standards and the reporting of meaningful information becomes even more critical for preparers and investors alike. This expert-led session brings together regulatory developments, investor perspectives, and practical implementation guidance to help heads of reporting chart a clear path forward.
- Interoperability across disclosure standards:
- What to look out for when navigating multiple regimes
- Areas of difference and alignment
- Incorporating ESRS-40a impact-related disclosures
- How to streamline your sustainability reporting goals:
- Materiality assessments
- Reducing duplication and ensuring consistency across sustainability disclosures
- Systems and data requirements
- Digital reporting
- Presentation formats, performance commentary, and reconciliations
- Strengthening sustainability governance:
- Board engagement, oversight and accountability
- Governance frameworks that enable connected and interoperable reporting
- Hilary Eastman - CEO & Founder, Confluence Advisory
- Deepa Rao - Corporate Sustainability Leader, Cognizant
Financial Reporting Updates
- IFRS 18 Presentation and Disclosure in Financial Statements
- the structure of the statement of profit or loss
- required disclosures in the financial statements
- enhanced principles on aggregation and disaggregation
- IFRS 19 Subsidiaries without public accountability: Disclosures
- subsidiary eligibility
- reduced disclosure requirements
- IFRS 20 Regulatory Assets and Regulatory Liabilities
- Helping investors better understand how specific rate regulation affects:
- an entity’s financial performance
- financial position
- its prospects for future cash flows
- Helping investors better understand how specific rate regulation affects:
- Amendments to IFRS 9 and IFRS 7:
- amendments to the classification and measurement of financial instruments
- contracts referencing nature-dependent electricity
- Amendments to IAS 21:
- Translation to a Hyperinflationary Presentation Currency
- Lack of Exchangeability
- Business Combinations—Disclosures, Goodwill and Impairment
- IFRS Interpretations Committee Agenda Decisions
- Embedded Prepayment Option (IFRS 9)
- Determining and Accounting for Transactions Costs (IFRS 9)
- Scope of the Requirement to Disclose Expenses by Nature (IFRS 18)
- Fair Presentation and Compliance with IFRS Accounting Standards (IAS 1)
- Economic Benefits from Use of a Battery under an Offtake Arrangement (IFRS 16)
- Classification of Gains and Losses on a Derivative Managing a Foreign Currency Exposure (IFRS 18)
- Classification of a Foreign Exchange Difference from an Intragroup Monetary Liability (or Asset) (IFRS 18)
- Assessment of a Specified Main Business Activity for the Purposes of the Separate Financial Statements of a Parent (IFRS 18)
Sustainability Reporting Updates
- Update on UK Sustainability Reporting Standards (UK SRS)
- UK SRS S1
- UK SRS S2
- FCA consultation bringing formal sustainability reporting standards into the UK framework for the first time
- Financial Reporting Council (FRC) updated guidance on ‘comply or explain’ reporting
- Amendment to IFRS S2 ‘Climate-related disclosures’
- Tiaan Fourie - Specialist Director, Financial Accounting and Advisory, RSM UK
- Sue Harding - Co-Founder (& Founder: Harding Analysis), Bailey Network
- Bruce Mackenzie - Chair, IFRS Interpretations Committee and Member, IASB
- Alastair Drake - Senior Vice President, Moody’s Investors Service
FRC Annual and Thematic Reviews and focus areas within corporate reporting, including:
- Annual Review of Corporate Reporting
- Thematic reviews of:
- Intangible value drivers
- Financial instruments (IFRS 9) for corporates
- loan covenant disclosures (IAS 1 amendments)
- Reporting in the construction and housebuilding sector
- UKEB Key Projects, including:
- IFRS 18 Presentation and Disclosure in Financial Statements
- Statement of Cash Flows and Related Matters
- IFRS 19 Subsidiaries without Public Accountability: Disclosures
- Risk Mitigation Accounting–Proposed Amendments to IFRS 9 and IFRS 7
- Intangibles
- Q&A
- Andrew Watchman - Director of Corporate Reporting Review, Financial Reporting Council
- Seema Jamil-O'Neill - Technical Director, UK Endorsement Board
- Geoff LeGouais - Case Director - Corporate Reporting Review, Financial Reporting Council
Financial Reporting Updates
- IFRS 18 Presentation and Disclosure in Financial Statements:
- Effective for annual periods beginning on or after 1 January 2027 (requiring restated 2026 comparatives)
- three new defined income/expense categories
- mandatory operating profit subtotals
- requirement to rethink line-item classifications under "main business activities"
- Risk Mitigation Accounting & Hedge Accounting
- post-implementation review of IFRS 9—Hedge Accounting
- IAS 28 Amendments:
- Issued in June 2026
- aligning the fair value option for investments in associates and joint ventures with the initial adoption of IFRS 1
- effective 1 January 2027
- IAS 8 Disclosures:
- 2026 interim and annual reports must explicitly feature qualitative and quantitative expected impacts of upcoming 2027 standards like IFRS 18
- Financial Instruments Update:
- Amortised Cost Measurement
- Financial Instruments with Characteristics of Equity
- Amendments to IFRS 9 and IFRS 7:
- amendments to the classification and measurement of financial instruments
- contracts referencing nature-dependent electricity
- IFRS 17 Insurance Contracts
- Post-implementation review
- emerging interpretation issues for insurers
Sustainability Reporting Updates
- Transition to UK SRS:
- UK's finalised SRS S1 (General Requirements) and UK SRS S2 (Climate-related) standards
- FCA's proposals to replace TCFD-aligned rules with mandatory UK SRS S2 and comply-or-explain for Scope 3 emissions
- Navigating updated EU CSRD/ESRS rules:
- EC’s revised ESRS delegated acts and "quick fix" transition reliefs
- cuts to data points and emphasis on interoperability for cross-border financial entities
- ISSB Enhancements:
- Targeted adjustments to Scope 3 Category 15 "financed emissions" calculations
- global warming potential metrics to ease operational burdens for banking and investment portfolios
- Iain Kirkpatrick - Director, PwC
- Gemma Sanchez-Danes - Sustainability Reporting Leadership - Social Lead, EFRAG
- Richard Barker - Member, ISSB
A rundown of ESMA (European Securities and Markets Authority) updates planned for 2026 and 2027:
- Corporate Finance and Reporting:
- Prospectus Regulation Changes
- financial reporting
- sustainability reporting
- ESEF reporting
- Sustainable finance
- European Single Access Point (ESAP)
- Isabelle Grauer-Gaynor - Head of Unit, Corporate Finance and Reporting, ESMA (European Securities and Markets Authority)
- Gemma Sanchez-Danes - Sustainability Reporting Leadership - Social Lead, EFRAG
- Reporting on Pillar 2:
- overview of Pillar 2 disclosures so far
- practical hints and tips on compliance and reporting
- things to think about for next year
- Tax impacts of changes to FRS 102
- Tom Dane - Director, Tax Transparency and Total Tax Contribution, PwC
- Sophie Ahluwalia - Director, PwC
- Integrating AI into financial modelling to manage complex data
- Why/where there is a role of human oversight
- How AI allows analysts to scale high-quality research content to:
- improve strategic interpretation
- enhance the overall valuation process
- increase productivity and engagement
- draft, refine, translate and distribute research content more efficiently and consistently
- strengthen clarity, consistency and overall content quality
- What preparers need to understand about increased AI usage in financial analysis of their companies:
- what AI can find that human analysis might not
- how AI can interpret measures, notes and disclosures in a way you didn’t foresee
- how to enhance your reporting to deal with likely AI interpretations
The convergence of macroeconomic instability, geopolitical tensions, and digital disruption is reshaping the risk horizon for global and domestic enterprises. This briefing will detail how cyber threats are increasingly intertwined with broader systemic risks - from supply chain shocks to nation-state conflicts - and the increasing criticality of cyber security as a core pillar of business resilience.
Attendees will hear about:
- The modern threat landscape: how the rise in destructive cyber attacks is reshaping security strategies.
- Recent examples of significant financial impacts arising from cyber-enabled fraud and ransomware
- The gritty realities of recovering from ransomware
- The role of finance teams during cyber crises
- Responding to board questions
- Critical components of a modern security strategy
- Overview of major SEC rule changes affecting non-US companies
- new quarterly reporting requirements and FPI implications
- changes to Form 10-Q requirements
- changes to investigation procedures and enforcement processes
- timeline of implementation and compliance deadlines
- accelerated filing deadlines and their impact on reporting cycles
- enhanced disclosure requirements in quarterly reports
- strategic considerations: maintaining FPI status vs. voluntary compliance
- co-ordination with home country interim reporting requirements
- New SEC Enforcement Focus on Non-US Companies
- Current enforcement priorities for FPIs
- Changes to Wells notice processes and response timelines
- Enhanced information requests and document production requirements
- Cooperation credit considerations for FPIs
- Cross-border investigation coordination and challenges
- Recent enforcement actions: patterns, themes, and lessons learned
- Red flags that trigger SEC scrutiny
- Proactive risk mitigation strategies
- Navigating Specific Rule Changes
- Quarterly reporting: what's changed and strategic considerations
- Investigation procedure changes: what to expect and how to prepare
- Other significant rule changes:
- Cybersecurity Disclosure Rules: Incident reporting, risk management, and governance requirements
- Climate Disclosure Requirements: Scope, timing, and assurance implications for FPIs
- Clawback Policy Rules: Implementation requirements and disclosure obligations
- Insider Trading Policy Disclosure: Rule 10b5-1 plan requirements
- Recovery of Erroneously Awarded Compensation: Policy adoption and disclosure
- Board Diversity Disclosures: Enhanced requirements and FPI considerations
- Practical Implementation and Best Practices
- Building robust compliance frameworks
- Enhancing internal controls and governance
- Managing stakeholder expectations and communications
- Resource optimization and technology solutions
- What finance needs to learn about the applications of generative AI
- What will have the most impact on business strategies and reporting processes
- How to capitalize on emerging capabilities
- How finance teams are currently using the
- technology to augment existing processes by creating text and conducting research
- How generative AI “copilots” will work alongside finance professionals to:
- transform core processes
- reinvent business partnering, and
- mitigate risks
- Challenges of adopting generative AI in finance functions:
- Accuracy
- data security and privacy
- Greg Stinson - Partner, KPMG
- Jayesh Gajare - Director, KPMG
- Deepa Rao - Corporate Sustainability Leader, Cognizant
- Global growth outlook for 2027: EMEA focus
- Impact of Middle East conflict, US Tariffs and rising bond yields
- Macro-economic trends and themes that will define 2027:
- post-shock growth stabilization
- Policy uncertainty
- Financial shifts
- Cooling inflation
- Fiscal policy
- Monetary easing
- Labour market adjustment
- T+1 Settlement Mandate
- How to build resilience and robustness:
- Embed agility and adaptability
- Strengthen supply networks
- Invest in digital and operational infrastructure
- David Wray - NED & Board Member, DFCG (French network of CFOs and Controllers)
