IFRS 9 follows a logical, principles-based approach to the
measurement of financial assets based on the structure of the business model
and nature of cash flows. The forward-looking impairment model urges timely
recognition, and continuous assessment of credit losses. The hedge accounting
requirements are principles-based and aligned to common risk management
practices.
This workshop provides an in-depth analysis of principles in
IFRS 9. The workshop has numerous examples and illustrations to explain the
business model and cash flow characteristics test for classification of
financial assets, amortized cost and fair value measurement of financial assets
and financial liabilities, de-recognition of financial assets (retained
servicing, continuing involvement etc.), hands-on knowledge on calculating of
expected credit losses (ECL), along with high-level training on estimating
Probability of Default (PDs), and finally the accounting and implications of
using different types of hedges on financial statements.
The workshop is designed to help preparers and users of
financial statements to evaluate the impact of IFRS 9 implementation on the
financial statements.
Apply the principles for classification, measurement, and initial recognition of financial assets
Apply the expected credit loss (ECL) model and calculate impairment losses for financial assets
Compute the effective interest rate and apply the effective interest method for measurement of financial instruments at amortized cost
Understand the principles of fair value measurement in IFRS 13
Comprehend the accounting for derivatives and embedded derivatives
Finance Directors
Head of Finance
Chief Finance Officers
Accounts Managers
Accountants
Auditors
Analysts
