Jay Essentials

I talk finance so you don't get lost in the numbers💸💶📊📉📈📋✨️

[Jay Essentials @Jayessentials]

IFRS 18: Why It Matters to Investors

A company's performance is not just about how much profit it makes. it's also about how that performance is presented.
With IFRS 18, the presentation and disclosure of financial statements are set to become more structured and comparable across companies.
Key benefits include:
• Enhanced transparency in financial reporting
• Improved comparability between entities
• Greater clarity around management defined performance measures
• Better insights for investors and analysts
The objective is simple: make financial statements more useful for decision making.
For finance professionals, the question is no longer if IFRS 18 will impact reporting, but how prepared your organization is for the transition.
#IFRS18 #IFRS #FinancialReporting #Accounting

[Jay Essentials @Jayessentials]

High-quality financial reporting does more than satisfy compliance requirements. It reduces information asymmetry and strengthens investor confidence.

[Jay Essentials @Jayessentials]

@abheea530 Congratulations 🎊 👏 💐

[Jay Essentials @Jayessentials]

The International Accounting Standards Board IASB has officially issued IFRS 20 Regulatory Assets and Regulatory Liabilities, and it marks a major step forward for transparency in financial reporting.

In simple terms, rate-regulated industries such as utilities, energy, and transportation have long faced timing differences between:
• when costs are incurred, and
• when those costs are recovered through customer pricing.

IFRS 20 addresses this directly by introducing clearer recognition and disclosure requirements for regulatory assets and liabilities, giving investors and stakeholders a more complete picture of financial performance.

The standard replaces the interim IFRS 14 and becomes effective for reporting periods beginning on or after 1 January 2029.

That may sound far away, but implementation readiness takes time.

Finance, audit, and strategy teams within regulated industries should already be evaluating:
• Systems and data requirements
• Financial statement impacts
• Disclosure expectations
• Stakeholder communication strategies

Three years may look like a long runway.
In reality, it is preparation time.

#IFRS20 #IFRS #Accounting #FinancialReporting #Utilities #Energy #IASB #CFO

[Jay Essentials @Jayessentials]

Eid Mubarak, beloved friends. 🌙✨

May this beautiful season bring you and all that concerns you abundant blessings, peace, joy, and prosperity.

May your hearts be filled with gratitude, your homes with happiness, and your lives with endless favour.

Stay blessed always. 🙏

[Jay Essentials @Jayessentials]

IFRS 15 changed revenue recognition from a simple accounting exercise into a structured analysis of contracts and performance obligations.
Today, recognizing revenue is no longer just about issuing an invoice or receiving cash.
Companies must evaluate: • Contract terms
• Performance obligations
• Timing of control transfer
• Variable consideration
• Customer rights and obligations
This is why IFRS 15 requires both technical accounting knowledge and strong business understanding.
Revenue is one of the most important figures in financial reporting and one of the areas requiring the highest level of professional judgment.
#IFRS15 #IFRS #Accounting #Finance #RevenueRecognition

[Jay Essentials @Jayessentials]

Many people see buildings, machines, and equipment as just physical assets.
But under IAS 16, they represent future economic benefits to a business.
IAS 16 guides how companies recognize, measure, depreciate, and disclose Property, Plant and Equipment (PPE).
One important lesson from IAS 16 is this: Buying an asset is not immediately treated as an expense in profit or loss.
Instead, the cost is capitalized and allocated over the asset’s useful life through depreciation.
This helps financial statements reflect a more realistic picture of business performance over time.
Good accounting is not just about recording transactions, it is about properly matching costs with the value they generate.
#IAS16 #IFRS #Accounting #Finance #FinancialReporting

[Jay Essentials @Jayessentials]

@iamwalebanks Exactly.

The real wealth building starts when your mindset expands beyond “saving money” to “building capital.”

The same discipline that built ₦1M can build ₦10M over time if you stay consistent and think long term.

[Jay Essentials @Jayessentials]

Many professionals still see IFRS S1 and IFRS S2 as “extra reporting requirements.”
But the bigger picture is this:
Companies are now expected to explain how sustainability and climate risks can affect future financial performance.
This means investors are looking beyond profits alone.
They want to understand: • Risk exposure
• Business resilience
• Governance structure
• Long-term sustainability
Finance professionals who understand sustainability reporting today will have a strong advantage tomorrow.
The future of reporting is becoming more integrated, strategic, and forward-looking.
#IFRS #IFRSS1 #IFRSS2 #SustainabilityReporting #Finance #ClimateRisk #FinancialReporting

[Jay Essentials @Jayessentials]

IFRS 18 is not just a presentation update. It is a major step toward improving transparency in financial reporting.

By introducing standardized categories and mandatory operating profit disclosure, the IASB aims to improve comparability between companies and reduce confusion for investors.

One key area to watch is Management-Defined Performance Measures (MPMs) such as “Adjusted Profit” and EBITDA, which will now require more transparency and reconciliation to IFRS figures.

Finance professionals should start preparing early because IFRS 18 may impact:
• Financial reporting formats
• ERP systems
• Internal KPIs
• Investor communication

#IFRS18 #Finance #FinancialReporting #IFRS #Accounting

[Jay Essentials @Jayessentials]

@BukkyOA @E_maigida Lol 😂😂😂
You learnt well 😂

[Jay Essentials @Jayessentials]

Investors often pay attention to profits, but risk management is equally important in evaluating a company.

A profitable company with poor risk controls can still face major financial challenges.

This is one reason disclosures under IFRS are valuable.
They help users of financial statements understand:
• Credit risk
• Liquidity risk
• Market risk
• Exposure to uncertainties

Strong financial reporting is not only about showing performance.
It is also about providing transparency around risks that could affect future results.

Good investing involves understanding both opportunity and risk.

#IFRS #Finance #RiskManagement #Investing #FinancialReporting

[Jay Essentials @Jayessentials]

Sustainability reporting is no longer just a “future conversation” in finance.
It is becoming part of mainstream corporate reporting.

With IFRS S1 and IFRS S2, companies are now expected to disclose:
• Sustainability-related risks and opportunities (IFRS S1)
• Climate-related risks and financial impacts (IFRS S2)

Investors are no longer asking only:
“How profitable is the company?”

They are also asking:
“How resilient is the business in a changing world?”

This shift means finance professionals must understand not just financial statements, but also sustainability disclosures, governance, strategy, risk management, and climate metrics.

The future of reporting is moving beyond numbers alone.

#IFRS #IFRSS1 #IFRSS2 #Sustainability #ClimateRisk #Finance #FinancialReporting

[Nigeria Stories @NigeriaStories]

BREAKING: Nigerian billionaire Femi Otedola has revealed plans to invest $100 million in the Dangote refinery, he made this announcement after his visit to the refinery with senior executives from First HoldCo.

[Jay Essentials @Jayessentials]

@raiik47 @themmanuelfaith Congratulations 🎊 👏 💐

[Jay Essentials @Jayessentials]

One of the biggest differences between short-term traders and long-term investors is perspective.

Short-term traders often focus on price movement.
Long-term investors focus on business value.

Strong financial statements help investors evaluate:
• Profitability
• Cash flow strength
• Debt levels
• Long-term sustainability

A rising stock price may attract attention, but strong fundamentals are what often sustain growth over time.

In investing, numbers tell stories, but understanding the story behind the numbers is the real advantage.

#IFRS #Finance #Investing #FinancialReporting #StockMarket

[Jay Essentials @Jayessentials]

One underrated skill in finance is the ability to interpret financial statements beyond the numbers.

Two companies can report similar profits but have completely different financial health.

The difference is often found in areas like:
• Cash flow quality
• Debt exposure
• Liquidity position
• Revenue sustainability

This is why IFRS reporting matters. It helps create transparency and gives investors a clearer picture of what is happening inside a business.

Good investing is not just about finding profitable companies.
It is about understanding how sustainable those profits really are.

#IFRS #Finance #Investing #FinancialReporting #FinancialLiteracy

[Jay Essentials @Jayessentials]

A strong balance sheet is one of the most underrated indicators of a healthy company.

Many investors focus heavily on profit figures, but profitability alone does not always mean financial strength.

A company with:
• High debt
• Weak cash flow
• Poor liquidity

can still report profits and face financial pressure later.

This is why analysts pay close attention to the statement of financial position, not just the income statement.

In finance, sustainability matters just as much as profitability.

[Jay Essentials @Jayessentials]

One thing the stock market teaches quickly is that emotions can be expensive.

Many investors buy because of excitement and sell because of fear.
But long-term investing often rewards discipline more than emotion.

A good investment decision should not be based only on:
• Social media hype
• Market noise
• Short-term price movement

It should also consider:
• Business fundamentals
• Earnings consistency
• Cash flow strength
• Long-term potential

The market will always fluctuate.
The real challenge is staying rational while it does.

#Investing #Finance #StockMarket #FinancialLiteracy

[Jay Essentials @Jayessentials]

@olumidecapital Such a great team formation.