IFRS 9 Financial Instruments is the IASB’s replacement of IAS 39 Financial Instruments: Recognition and Measurement.
The Standard includes requirements for recognition and measurement, impairment, derecognition and general hedge accounting.
This course provides an in-depth analysis of IFRS 9 Financial Instruments. It provides numerous examples and illustrations to explain the business model and cash flow characteristics test for classification of financial assets, amortised cost and fair value measurement of financial assets and financial liabilities, de-recognition of financial assets (retained servicing, continuing involvement etc.), measurement of expected credit losses and the accounting and impact of different types of hedges on financial statements. In addition, it covers the disclosures in IFRS 7 and the principles of fair value measurement in IFRS 13.
This IFRS 9 Financial Instruments Course will enable you to:
Consider the three separate IFRS areas regarding accounting for financial instruments
Recognise and measure financial instruments
Understand how to deal with financial instruments that are transferred in full or part, or items that are derecognised
Classify and measure financial assets under the three categories in IFRS 9
Analyse the impact of IFRS 9 on the classification of financial assets, including embedded derivatives
Classify and measure financial liabilities under the two categories in IFRS 9
Evaluate the principles of fair value measurement in IFRS 13
Apply the principles in relation to de-recognition of financial assets
Calculate the impairment loss on loans and other financial assets under the expected credit loss model in IFRS 9
Analyse the estimates and judgements in the expected credit loss impairment model
This IFRS 9 Financial Instruments Course ideal for:
Financial and management accountants in corporate and financial institutions
Staff in treasury, operations, risk management, IT or compliance departments
Internal auditors of entities reporting under IFRSs
External auditors with clients facing the complexities and challenges in adopting and implementing IFRS 9
Staff and management of Central Banks, Deposit Insurance Entities, and other agencies with regulatory responsibility in the financial services sector
Financial analysts seeking to improve their understanding of the accounting and disclosures related to financial instruments and the changes introduced by IFRS 9
Professors and other instructors with educational facilities
First-time adopters of IFRSs, seeking to analyse the implications of applying IFRS 9 initially
Our courses in London take place at the following locations :
Once you register for this course, we will subsequently send the invoice and course information, including location, trainer, and other logistics.
Pay Attention, Please! The course location is subject to availability; the course time will be precise one week before the course start date! We may change the course location if there is no availability, and we will let you know about the location change once it happens.