IFRS 9: Advanced Financial Instruments

IFRS 9, Advanced Financial Instrument



Training Objectives

Gain an understanding of the requirements of IFRS 9 in relation to initial recognition, classification, and measurement of financial instruments

Identify the key difference between the incurred loss model and the expected loss model

Understand the calculation of impairment using the Expected Credit Loss (ECL) Model

Understand the impact of ECL

Develop competencies in Credit Risk Modeling and apply the same to my company

Develop competencies to apply the guidance of IFRS 9

 

Methodology

- Instructor guided presentation

- Case studies

- Discussion session

- Scenario and Case study sessions

 

Who is to attend?

- Auditors: Internal and External

- Financial Accountants

- Financial Reporting Executives

- Financial Controllers 

- Credit Officers

- Finance officers

- Loan officers

- Top management executives in finance 

- MDs

 

Course Content

- Introduction and Scope of IFRS 9

- Initial Recognition

- Classification and measurements

- Derecognition:

- Impairments:

- Financial Instruments Disclosure

- Credit Risk Modeling and IFRS 9 Calculations