Description
Introduction
Any entity, financial and non-financial, could have significant changes to its financial reporting as the result of this IFRS 9 standard. Therefore, this course covers the most significant changes that IFRS 9 introduces, explaining the new requirements and their practical implications.
Objectives
The objective of this course is to provide attendees detailed, advanced IFRS knowledge with practical application in the Banking industry.
Programme
Introduction to IFRS
- Introduction
- IFRS Portfolio concepts
FVTPL (Trading and FV Option) (IFRS 9)
FVOCI (IFRS 9)
Amortized Cost (IFRS 9)
- IFRS 9 Solely Payments Principal and Interest
- Introduction to Hedging (IFRS 9)
Fair Value
Cash Flow
Foreign Investment Hedge
Portfolio Hedge of interest
- Introduction to IFRS Financial Statements (IAS 1, IFRS 7)
Balance Sheet
Profit and Loss
Off Balance Sheet
Cash Flow / Equity
Introduction to Disclosures
Interactions & Advanced Techniques
- Credit Products (IFRS 9)
Loans
Off Balance Sheet products
Fees
EIR Examples (IAS 18)
Leases (IFRS 16)
- Impairment (IFRS 9)
General Concepts
Level I
Level II
Level III
Leases, Receivables and POCI
- Basel II/III and IFRS
Differences
Collateral values
Spreading and Optimizing
Accounting & Reporting
- IFRS 9/IFRS 7 disclosures
Impairment
Other
- Fair Value (IFRS13/IFRS7)
Level 1, 2 and 3
Disclosures
- Non-current assets held for sale (IFRS5)
Financial Instruments (IFRS 9)
Investment Property (IAS40)
Plant Property and Equipment (IAS 16)
Non-current assets HFS (IFRS 5)
Disclosures (IFRS 5)
- Question & Answer session
Target Audience
Finance/Accounting/Controlling middle managers and Credit department heads. The presentations may also be of interest to Risk managers, Senior Management or Internal Auditors.
Remark
The standard duration of this course is 3 days. However, upon request, a fourth day can be added with the following content:
Net present value of cash flows
- Fair Value
- Discounting
- Impairements
Regulatory Reporting (based on European model -FINREP)
Financial and Reporting Data Warehouse
Modalities
Course Material
Please note that for environmental reasons no paper version of the training material will be provided for your training. The course material can be downloaded free of charge via your portal before the start of the course (download the Client Portal User’s Guide here ). You will be able to view it on the screen of your mobile device or print it if necessary. If your registration has been made by a training manager of your company please contact him/her so that he/she can give you access to it or send it to you.
Exam
No exam is available for this course.
Contact
For further questions please contact our partner in your country