To get familiar with the requirements of IFRS 9 “Financial Instruments”
To undertake classification of financial assets and liabilities with confidence
To understand the criteria and available options for reclassification of financial instruments between categories
To get familiar with the “expected credit losses” model and the impairment criteria
To learn how to account for the depreciation of financial assets
To understand the accounting for derivatives and embedded financial instruments
To understand hedge accounting and where it is applicable
To know the recent updates to financial instruments accounting
Training program
Scope of IFRS 9 application Classification of financial assets and its recognition in the financial statements:
Classification of financial assets
Initial recognition and measurement in financial statements, accounting for transaction costs
Subsequent measurement of financial assets: debt instruments, equity instruments, derivatives
Impairment of financial instruments. Expected credit losses model
Recognition of impairment losses for different types of debt instruments
Recognition of credit-impaired financial assets
Use of the simplified impairment of assets approach
Classification of financial liabilities, initial and subsequent recognition Reclassification of financial instruments Derivative financial instruments Embedded derivative: particularity of recognition of assets and liabilities Modification of financial instruments Hedge accounting
Qualifying criteria for hedge accounting
Accounting for different types of hedge: fair value hedge, cash flow hedge
Interest Rate Benchmark Reform and amendments to IFRS 9 The training is accompanied by the review of IFRS 9 application through practical examples and case studies
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Please note: the training date may change. ✨ Please check with the coordinators for the confirmed dates.