Course Info

Length: 1 Week

City: London

Type: In Classroom

Available Dates

  • Aug-19-2024

    London

  • Sep-16-2024

    London

  • Oct-21-2024

    London

  • Nov-18-2024

    London

  • Dec-16-2024

    London

Dates in Other Venues

  • July-22-2024

    Kuala Lumpur

  • July-22-2024

    Paris

  • July-29-2024

    Istanbul

  • July-29-2024

    Singapore

  • Aug-05-2024

    Paris

  • Aug-05-2024

    Singapore

  • Aug-12-2024

    Dubai

  • Aug-12-2024

    Barcelona

  • Aug-19-2024

    Amsterdam

  • Aug-26-2024

    Istanbul

  • Aug-26-2024

    Kuala Lumpur

  • Sep-02-2024

    Paris

  • Sep-02-2024

    Singapore

  • Sep-09-2024

    Barcelona

  • Sep-09-2024

    Dubai

  • Sep-16-2024

    Amsterdam

  • Sep-23-2024

    Kuala Lumpur

  • Sep-23-2024

    Paris

  • Sep-30-2024

    Istanbul

  • Sep-30-2024

    Singapore

  • Oct-07-2024

    Singapore

  • Oct-07-2024

    Paris

  • Oct-14-2024

    Barcelona

  • Oct-14-2024

    Dubai

  • Oct-21-2024

    Amsterdam

  • Oct-28-2024

    Istanbul

  • Oct-28-2024

    Kuala Lumpur

  • Nov-04-2024

    Singapore

  • Nov-04-2024

    Paris

  • Nov-11-2024

    Dubai

  • Nov-11-2024

    Barcelona

  • Nov-18-2024

    Amsterdam

  • Nov-25-2024

    Istanbul

  • Nov-25-2024

    Kuala Lumpur

  • Dec-02-2024

    Paris

  • Dec-02-2024

    Singapore

  • Dec-09-2024

    Barcelona

  • Dec-09-2024

    Dubai

  • Dec-16-2024

    Amsterdam

  • Dec-23-2024

    Paris

  • Dec-23-2024

    Kuala Lumpur

  • Dec-30-2024

    Singapore

  • Dec-30-2024

    Istanbul

Course Details

Course Outline

5 days course

 

IAS 32 Financial Instruments Presentation

 

  • ASB standards applicable to financial instruments: IAS 32, IAS 39, IFRS 7, IFRS 9 and IFRS 13
  • Introduction to IFRS 9
  • Definition of financial assets, financial liabilities and equity instruments
  • IAS 32 Financial Instruments: Presentation – financial liability versus equity instruments, compound financial instruments and offsetting
  • Interest, dividends, losses and gains
  • Offsetting financial assets and liabilities
  • Statement of financial position
  • Three impacts

 

IFRS 9 Financial Instruments

 

  • Overview of IFRS 9
  • A potted history
  • Timings
  • Recognition and derecognition
  • Accounting treatments
  • Classification and measurement
  • Two tests
  • Barnaby Ruffles’ securities
  • IFRS 9 and impairment
  • Impairment
  • Credit Cars’ ECLs
  • Impacts
  • Are you up to Standard?

 

IFRS 9 and Hedge Accounting

 

  • Overview of hedging, accounting for different types of hedges and comprehensive
  • Objectives and scope
  • Which items qualify as hedges?
  • Accounting for hedging relationships
  • Hedging groups of items
  • Issues with IAS 39 hedge accounting
  • IFRS 9 hedge accounting model
  • Hedging instruments
  • Qualifying criteria
  • Hedge documentation
  • Hedge effectiveness requirements
  • Rebalancing
  • Discontinuation

 

Measurement of financial assets and financial liabilities

 

  • Initial recognition including treatment of transaction costs
  • Subsequent measurement (IFRS 9 and IFRS 13)
  • Debt instruments
  • Equity instruments
  • Fair value movements due to changes in own credit risk and reporting it for financial liabilities designated at fair value through profit or loss

 

Impairment of financial assets

 

  • Introduction to IFRS 9 expected loss model – background, scope and impact of the model
  • Application of IFRS 9 expected credit loss model
  • 12-month and lifetime expected credit losses
  • Determination of significant increases in credit risk
  • Measurement of expected credit losses
  • Modified financial assets
  • Simplification and practical expedients
  • Purchase/origination of credit-impaired financial assets
  • Individual and collective assessment of impairment

Course Video