Banking and Financial Services · MSD3009

IFRS 9 - Financial Instruments Basics To Expert

Magna Skills presents the IFRS 9 - Financial Instruments Basics to Expert course, designed to provide a comprehensive understanding of International Financial Reporting Standard (IFRS) 9 and its implications for financial instruments accounting. This dynamic course covers essential concepts, practical applications, and advanced techniques, catering to individuals seeking to enhance their proficiency in IFRS 9 from basic principles to expert level.

IFRS 9 - Financial Instruments Basics To Expert
Online fee from
$200 USD
Standard: $300 · Save $100
Course Outcomes

Expected learning outcomes

Upon completion of the course, participants will:

  1. Fundamentals of IFRS 9:

    • Understand the key principles and objectives of IFRS 9.
    • Grasp the classification and measurement of financial instruments under IFRS 9.
  2. 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.
  3. Hedge Accounting under IFRS 9:

    • Gain insights into hedge accounting principles and requirements.
    • Learn advanced hedge accounting strategies and techniques.
  4. Financial Instruments Disclosures:

    • Understand the disclosure requirements for financial instruments under IFRS 9.
    • Develop skills in preparing comprehensive financial instruments disclosures.
  5. Application and Implementation Challenges:

    • Explore practical challenges in implementing IFRS 9.
    • Learn strategies for overcoming implementation hurdles and ensuring compliance.
Target Audience

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
Curriculum

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.

Why Attend

Key course benefits

Practical capacity building approach
Designed for government, NGOs and public institutions
Real-world African case studies
Certificate of completion
Applicable tools and templates
Interactive facilitation and exercises
Course Enquiry

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