The most visible and impactful change introduced by IFRS 18 is the restructuring of the income statement. Under IAS 1, companies had greater flexibility in how they presented their profit and loss statement. While there were general requirements, there was no strictly...
By now, it should be clear that IFRS 18 is more than a presentation change It has practical implications across finance functions, systems, and processes. One of the first areas many organisations will need to address is their chart of accounts. Under IAS 1, charts of...
Why is IFRS 18 being introduced? IFRS 18 will be implemented in January 2027. But why? For years, IAS 1 has been the foundation of financial statement presentation under IFRS. It provided a principles-based framework that gave companies flexibility in how they...
Learn, Prepare, and Comply with New Lease Accounting Standards.
Connected planning is where data, people, and performance are unified within a single environment. It’s not just a technological shift; it’s a strategic enabler for organisations that want to plan with precision, respond with agility, and make decisions with...
In our previous blogs Why Planning Fails: Escaping Excel Hell, Take Control of Your FP&A, and The Business Value of Connected Planning for Finance Teams, we explored how fragmented, spreadsheet-driven planning can hold organisations back and how a connected,...
In our previous blog, Why Planning Fails: Escaping Excel Hell, we explored how spreadsheet-driven planning creates inefficiency, inconsistency, and risk. The illusion of control that Excel offers often hides a deeper problem — finance teams working harder but not...
For many finance teams, the planning process still begins and ends with Excel. It is familiar, flexible, and seemingly harmless however as businesses grow, data becomes more complex, and as the expectations for agility rise, the cracks begin to show. What was once a...
Learn, Prepare, and Comply with New Lease Accounting Standards.
The profit and loss statement has long been one of the most familiar and relied-upon views of financial performance. While presentation formats and terminology have evolved over time, the underlying expectation has remained unchanged. Finance leaders, investors, and...
Here at HAYNE, we have an outstanding support knowledgebase At the time of writing (September 2025) I have been in IT support for 30 years. For 24 of those years, I have supported products that now form part of the IBM Cognos suite of applications. Naturally, most...
In an increasingly dynamic business environment, finance and operational leaders are under pressure to deliver faster insights, streamline processes, and enhance collaboration across departments. The latest innovation from IBM, Planning Analytics Assistant with...