Programme Overview
IFRS 9 replaced IAS 39 and changed how financial assets and liabilities get classified, measured, and provisioned for. This programme covers classification, measurement, and the forward-looking expected credit loss model. Replaces IAS 39. Effective 1 Jan 2018.
Why This Programme
- ✓Classify financial assets and liabilities correctly
- ✓Understand the three measurement categories: amortised cost, FVOCI, FVTPL
- ✓Apply the expected credit loss model for provisioning
- ✓Understand the basics of hedge accounting
- ✓Avoid the common classification mistakes
- ✓See how this compares to the old incurred-loss model
Assessment
- ✓Classification Exercise
- ✓ECL Model Case Study
- ✓Measurement Workshop
- ✓Final Review
Main Modules
- Classifying Financial Instruments
Sorting assets and liabilities into the right category - Measurement
Amortised cost, fair value through OCI, and fair value through profit or loss - Expected Credit Losses
The forward-looking provisioning model, and how it actually works - Hedge Accounting Essentials
The basics of hedge accounting under IFRS 9
Ready to Enrol?
Access the Virtual Learning Centre to register, or reach out and our team will get you started.