Expected learning outcomes
Upon completion of the course, participants will:
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Fundamentals of IFRS 9:
- Understand the key principles and objectives of IFRS 9.
- Grasp the classification and measurement of financial instruments under IFRS 9.
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Impairment and Expected Credit Loss (ECL) Modeling:
- Learn the principles of impairment and expected credit loss (ECL) modeling.
- Understand the application of ECL models and provisioning requirements.
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Hedge Accounting under IFRS 9:
- Gain insights into hedge accounting principles and requirements.
- Learn advanced hedge accounting strategies and techniques.
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Financial Instruments Disclosures:
- Understand the disclosure requirements for financial instruments under IFRS 9.
- Develop skills in preparing comprehensive financial instruments disclosures.
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Application and Implementation Challenges:
- Explore practical challenges in implementing IFRS 9.
- Learn strategies for overcoming implementation hurdles and ensuring compliance.
Who should attend?
- Chief Accountants
- Group Finance Directors
- Heads of Finance
- Finance Managers
- Financial Controllers
- Accountants
- Management Accountants
- Executive Directors of Finance
- Managers of Financial Accounts
- Heads of Accounting and Administration
- Finance and Information Systems Managers
- Financial Analysts
- Auditors
- Portfolio Managers
Course modules and outline
Module 1: Introduction to IFRS 9 - Financial Instruments
- Overview of IFRS 9 and its objectives
- Classification and measurement of financial instruments
Module 2: Expected Credit Loss (ECL) Modeling
- Principles of impairment and expected credit loss (ECL) modeling
- Application of ECL models and provisioning requirements
Module 3: Hedge Accounting under IFRS 9
- Hedge accounting principles and requirements
- Advanced hedge accounting strategies and techniques
Module 4: Financial Instruments Disclosures
- Disclosure requirements for financial instruments under IFRS 9
- Preparation of comprehensive financial instruments disclosures
Module 5: Implementation Challenges and Strategies
- Practical challenges in implementing IFRS 9
- Strategies for overcoming implementation hurdles and ensuring compliance
Module 6: Case Studies in IFRS 9 Implementation
- Analysis of real-world case studies in IFRS 9 implementation
- Application of IFRS 9 principles to practical scenarios
Module 7: Advanced Topics in IFRS 9
- Exploration of advanced topics and emerging trends in IFRS 9
- Discussion of current issues and developments in financial instruments accounting
Module 8: Regulatory Updates and Compliance
- Overview of regulatory updates and developments related to IFRS 9
- Ensuring compliance with regulatory requirements and reporting standards
Module 9: Practical Applications and Exercises
- Hands-on exercises and practical applications of IFRS 9 principles
- Interactive discussions and group activities to reinforce learning
Module 10: Expert Insights and Q&A Session - Expert insights and tips for mastering IFRS 9 concepts - Question and answer session to address participants' queries and concerns
This course is suitable for finance professionals, accounting practitioners, auditors, and individuals involved in financial reporting and analysis. Through a blend of theoretical knowledge, practical applications, and expert insights, participants will enhance their proficiency in IFRS 9 - Financial Instruments from basics to expert level, enabling them to navigate complex financial instruments accounting with confidence and precision.
Key course benefits
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