IFRS 9 Financial Instruments for Financial Institutions

Summary

IFRS 9 Financial Instruments (effective for periods beginning on or after 1 January 2018) has a significant impact on financial statements of financial institutions. This course will explore the main areas of IFRS 9 in a practical and interactive way to ensure that you understand the accounting principles and appreciate the commercial impacts for financial institutions.

Venue details:  
Chartered Accountants House, , Dublin
Start date & time:  
24 October 2019 14:00
End date & time:  
24 October 2019 17:00
Price: €131.25  (€105.00 Member price)
By registering for this course you have accepted the terms and conditions
Training ticket cost:  
4.00
CPD hours:  
3.00
Speaker details
First nameLast name
Saket Modi

Description

Product type:  
CPD course
Category:  
Financial reporting

Who should attend

This course is suitable for

  • Preparers and users of financial statements of banks and similar financial institutions
  • Staff in finance, treasury, operations, risk management, IT or compliance departments
  • Internal and external auditors
  • Regulatory staff
  • Analysts

Course overview

  • The logical, principles-based approach to classification of financial assets based on the business model and nature of cash flows
  • The forward-looking impairment model which requires timely recognition, and ongoing assessment of expected credit losses
  • Hedge accounting requirements which are principles-based and alighed to common risk management practices

Key learning outcomes

By the end of this course, participants will be able to:

  • Have an understanding of the overview and scope of IFRS 9
  • Understand the classification of financial assets and financial liabilities
  • Perform an analysis of the expected credit loss model
  • Have an overview of hedge accounting guidelines
  • Understand disclosures

Speaker Bio

Saket Modi is a qualified accountant and CFA® charterholder. Saket has designed and facilitated courses for finance professionals from over 50 countries in Europe, Africa, Middle East and Asia. He specialises in matters relating to Financial Reporting and Analysis (IFRS/IPSAS), Financial Instruments and Corporate Finance. Saket has previously worked with Lloyds Banking Group, Ernst & Young and PricewaterhouseCoopers.