Understanding the New IFRS 18 Standard

BDO Jordan Academy Hosts Specialized Training Workshop on the New IFRS 18 Standard as Part of Global Entrepreneurship Week 2025

As part of its continuous commitment to advancing financial knowledge and empowering the business community, BDO Jordan Academy, in collaboration with the Queen Rania Center for Entrepreneurship (QRCE), successfully organized a training workshop titled “Get Ready for Change: Understanding the New IFRS 18 Standard.” The event took place as part of the Global Entrepreneurship Week (GEW 2025) activities.

Led by industry expert Dr. Jamal Al-Taraireh, the hybrid session engaged a diverse audience of financial professionals, accountants, and business leaders, attending both onsite and virtually online.

The workshop delivered a comprehensive analysis of the newly introduced IFRS 18 standard, offering critical insights ahead of its mandatory global implementation starting in 2027. Key discussion points included:

 Updates to the Statement of Comprehensive Income: In-depth review of new categories, subtotals, and structural presentation requirements.

 Core Financial Statement Adjustments: Highlighting enhanced disclosure guidelines designed to improve comparability and transparency in financial reporting.

 Transition Readiness: Strategic guidance on how organization management and financial teams can proactively prepare their systems and processes for 2027 compliance.

BDO Jordan Academy extends its sincere appreciation to Dr. Jamal Al-Taraireh for leading this valuable session, as well as to all participants for their active engagement. The Academy remains dedicated to bridging the gap between global standards and local expertise through continuous, high-impact professional training programs.