IFRS 9: Advanced Financial Instrument

IFRS 9: Advanced Financial Instrument



A lot of subject matter experts expect the adoption of IFRS 9 to be challenging; hence, the need to get the right skills to efficiently apply the standard seamlessly. The three major domains to be considered while implementing IFRS 9 include measurement, impairment, and hedge accounting:

Classification and Measurement

               • Classification under IFRS 9 for investments in debt instruments is driven by the entity’s business model and their contractual cash flow characteristics.

               • A financial asset is measured at amortised cost if both of the following criteria are met:

                               • The asset is held to collect its contractual cash flows; and

                               • The asset’s contractual cash flows represent ‘solely payments of principal and interest’ (‘SPPI’)

Impairment

               • Based on Expected Loss Model

               • Hedge Accounting

New Hedge Accounting Guidelines

 

Let our experts show you the way; we have helped over 2,000 professionals all over Africa achieve the Mastery of implementing IFRS 9 standard.

 

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

 

What to Expect

- Expert facilitation

- IFRS 9 Computation Template

- Conducive Training Environment

- Discussion session

- Practical Examples