The 2026 Reporting Readiness Imperative Strategic Readiness For IFRS 18 And Beyond

​About the session

​IFRS 18 replaces IAS 1 on 1 January 2027, the largest restructuring of the income statement in more than two decades. For December year-end entities in Kuwait, 2026 is already the comparative year. This one-hour practitioner-led briefing sets out what your organisation should be doing now.

​Why attend

​You will leave with a clear view of the key changes to plan for now:

​→ Mandatory five-category income statement with two new required subtotals
→ Management-defined Performance Measures disclosed and reconciled in financials
→ Retrospective restatement - 2026 data must be captured correctly from today
→ ERP, chart of accounts and management reporting packs all require redesign
→ Covenants, KPIs and incentive plans linked to existing subtotals will need review
→ Regulators in Kuwait will expect a clear transition narrative

​This is RSM in Kuwait's first IFRS 18 briefing, delivered by the practitioner who will lead our implementation engagements across the market.

​About the speaker

​Sriram Gopalakrishnan — IFRS Advisory Leader and Partner, Assurance at RSM in Kuwait. Subject matter expert on IFRS, ISA and related technical areas, with 30 years of experience between Andersen, Deloitte and RSM. His engagements include IFRS audits, IFRS implementation, internal audits and internal control reviews across multinational banks, IT giants and global in-house centers. A frequent corporate trainer to banks, universities and other clients. Past Chairperson, Kuwait Chapter of the Institute of Chartered Accountants of India.

​FCA, CPA, CIA, CISA, CIDA

​Connect on Linkedin - /sriramaca