IFRS 9 Financial Instruments: Classification, measurement and impairment - a practical guide

Introduction

The course aims to:

  • Introduce the issues arising on the implementation of IFRS 9 and how it has impacted on the preparation of financial statements
  • Give practical guidance on and resolve difficult issues under IFRS 9 companies may face in preparing/analysing financial statements

Who Should Attend?

  • This training course is addressed to those responsible for preparing and analysing financial statements under IFRS
  • It is intended for people who already have knowledge of international standards and need to update this knowledge, especially due to new or amended standards introduced in the last two years

Session Outline

IFRS 9 on financial instruments where we will introduce:

  • Classification and measurement of financial assets and liabilities
  • The various categories of financial assets whether investments in debt or equity and how to account for the various gains and losses
  • The amortised cost method
  • Impairment provisioning and the expected credit loss model focussing on the assets to which it applies, including the issues in estimating credit losses and the difference between 12-month and lifetime expected credit losses
  • Focussing on trade receivables, we will discuss the provision matrix including a practical accounting example
  • Intra group financing and impairment considerations thereof

Other sessions from the same series

IFRS 16 Leases: Lessons from implementation | 9 November 2021 | 9:00

IFRS Update | 3 December 2021 | 9:00

Registration fee*

Regular fee: €69

Discounted price for EY Alumni: €59

All three sessions: €160

*Eligible for CPE Circuit credits. Group discounts apply.

CPE Accreditation

This workshop is eligible for 3 hours CORE CPE credits. 

Speaker

Brian Connolly | BComm, ACA, ACMA, AITI

A seasoned EY trainer, he has been putting his diverse international business experience in good use by helping organizations achieve their targets by empowering their people through energetic, value adding training programs.

He has developed and conducted professional training seminars with emphasis on IFRS, US GAAP, accounting and finance to corporate audiences in many countries including Poland, Hungary, Russia, Romania, UK, Kuwait, Bahrain, Saudi Arabia, UAE, Oman, Turkey.

Webcast

IFRS 9: Financial Instruments:  Classification, measurement and impairment - a practical guide

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