IFRS 9 Financial instruments - managing the risks of transition (financial institutions)

Course overview:

IFRS 9 Financial Instruments (effective for periods beginning on or after 1 January 2018) has been a significant change to the accounting for financial instruments. The standard had a significant impact on financial statements of financial institutions as well as the systems and processes required to capture the information to comply with the standard. It is now important that users of financial statements understand the commercial impact of adopting the standard.

This course will explore the main areas of IFRS 9 in a practical and interactive way to ensure that you not only understand the accounting but are able to analyse the impact and key risks for your organisation.

Our training courses are designed to be hands on and interactive, therefore we limit delegate places to a maximum of 16 to allow you to get the most out of your learning and training with us.

Learning outcomes:

• IFRS 9 transition options and impact
• Understand the recognition and measurement methods
• Analyse the business model approach
• Treatment of embedded derivatives
• Analyse the expected credit loss model
• Overview of hedge accounting guidelines
• Disclosures

Who should attend?

Relevant for those working in financial institutions, who have not been involved in IFRS 9, but will gain from a broader understanding.