Save time, empower your teams and effectively upgrade your processes with access to this practical IFRS 9 Toolkit and guide. Address common challenges with best-practice templates, step-by-step work plans and maturity diagnostics for any IFRS 9 related project.
Download the Toolkit and in Three Steps you will be guided from idea to implementation results.
The Toolkit contains the following practical and powerful enablers with new and updated IFRS 9 specific requirements:
STEP 1: Get your bearings
- The latest quick edition of the IFRS 9 Self Assessment book in PDF containing 49 requirements to perform a quickscan, get an overview and share with stakeholders.
Organized in a data driven improvement cycle RDMAICS (Recognize, Define, Measure, Analyze, Improve, Control and Sustain), check the…
- Example pre-filled Self-Assessment Excel Dashboard to get familiar with results generation
Then find your goals...
STEP 2: Set concrete goals, tasks, dates and numbers you can track
Featuring 999 new and updated case-based questions, organized into seven core areas of process design, this Self-Assessment will help you identify areas in which IFRS 9 improvements can be made.
Examples; 10 of the 999 standard requirements:
- Do you foresee a significant impact on your departments budget and Estimate from applying the satisfaction of performance obligations criteria to recognize revenue over time or at a point in time?
- Is an entity applying the portfolio practical expedient when it considers evidence from other similar contracts to develop an estimate of variable consideration using an expected value method?
- When will anyone give the market a feel for sensitivity of IFRS 9 provisioning ÃÂÃÂ and hence regulatory CET1 solvency ÃÂÃÂ to a shift in economic conditions?
- Have you determined the manner in which your forecast will revert to historic loss information after the reasonable and supportable forecast period?
- How should entities consider whether the practical expedient applies to contracts with a single payment stream for multiple performance obligations?
- What impact did the information from engagement with stakeholders have on your organizations decisions and strategies during the financial year?
- How would an entity determine the appropriate single measure of progress for a combined performance obligation that is satisfied over time?
- Has significant influence been exerted by any interest group on the IASB during the development of the IFRS 9 expected credit loss model?
- Does the ability to recover cash flows from a financial guarantee contract impact the assessment of significant increases in credit risk?
- Does the ipsasb agree with the non-authoritative material to help with accounting for equity instruments with a non-exchange component?
Complete the self assessment, on your own or with a team in a workshop setting. Use the workbook together with the self assessment requirements spreadsheet:
- The workbook is the latest in-depth complete edition of the IFRS 9 book in PDF containing 999 requirements, which criteria correspond to the criteria in...
Your IFRS 9 self-assessment dashboard which gives you your dynamically prioritized projects-ready tool and shows your organization exactly what to do next:
- The Self-Assessment Excel Dashboard; with the IFRS 9 Self-Assessment and Scorecard you will develop a clear picture of which IFRS 9 areas need attention, which requirements you should focus on and who will be responsible for them:
- Shows your organization instant insight in areas for improvement: Auto generates reports, radar chart for maturity assessment, insights per process and participant and bespoke, ready to use, RACI Matrix
- Gives you a professional Dashboard to guide and perform a thorough IFRS 9 Self-Assessment
- Is secure: Ensures offline data protection of your Self-Assessment results
- Dynamically prioritized projects-ready RACI Matrix shows your organization exactly what to do next:
STEP 3: Implement, Track, follow up and revise strategy
The outcomes of STEP 2, the self assessment, are the inputs for STEP 3; Start and manage IFRS 9 projects with the 62 implementation resources:
- 62 step-by-step IFRS 9 Project Management Form Templates covering over 1500 IFRS 9 project requirements and success criteria:
Examples; 10 of the check box criteria:
- Probability and Impact Assessment: Is the delay in one subIFRS 9 project going to affect another?
- Initiating Process Group: Are identified risks being monitored properly, are new risks arising during the IFRS 9 project or are foreseen risks occurring?
- Team Member Status Report: Are the attitudes of staff regarding IFRS 9 project work improving?
- Quality Management Plan: How does your organization manage training and evaluate its effectiveness?
- Schedule Management Plan: Are any non-compliance issues that exist due to your organizations practices communicated to your organization?
- Schedule Management Plan: Have the key functions and capabilities been defined and assigned to each release or iteration?
- Probability and Impact Assessment: What is the IFRS 9 project managers level of commitment and professionalism?
- Team Member Performance Assessment: What are best practices in use for the performance measurement system?
- Procurement Audit: Is there a purchasing policy as to the amount of an order on which bidding is required?
- Project Portfolio management: What are the four types of portfolios a PMO must focus on?
Step-by-step and complete IFRS 9 Project Management Forms and Templates including check box criteria and templates.
1.0 Initiating Process Group:
- 1.1 IFRS 9 project Charter
- 1.2 Stakeholder Register
- 1.3 Stakeholder Analysis Matrix
2.0 Planning Process Group:
- 2.1 IFRS 9 project Management Plan
- 2.2 Scope Management Plan
- 2.3 Requirements Management Plan
- 2.4 Requirements Documentation
- 2.5 Requirements Traceability Matrix
- 2.6 IFRS 9 project Scope Statement
- 2.7 Assumption and Constraint Log
- 2.8 Work Breakdown Structure
- 2.9 WBS Dictionary
- 2.10 Schedule Management Plan
- 2.11 Activity List
- 2.12 Activity Attributes
- 2.13 Milestone List
- 2.14 Network Diagram
- 2.15 Activity Resource Requirements
- 2.16 Resource Breakdown Structure
- 2.17 Activity Duration Estimates
- 2.18 Duration Estimating Worksheet
- 2.19 IFRS 9 project Schedule
- 2.20 Cost Management Plan
- 2.21 Activity Cost Estimates
- 2.22 Cost Estimating Worksheet
- 2.23 Cost Baseline
- 2.24 Quality Management Plan
- 2.25 Quality Metrics
- 2.26 Process Improvement Plan
- 2.27 Responsibility Assignment Matrix
- 2.28 Roles and Responsibilities
- 2.29 Human Resource Management Plan
- 2.30 Communications Management Plan
- 2.31 Risk Management Plan
- 2.32 Risk Register
- 2.33 Probability and Impact Assessment
- 2.34 Probability and Impact Matrix
- 2.35 Risk Data Sheet
- 2.36 Procurement Management Plan
- 2.37 Source Selection Criteria
- 2.38 Stakeholder Management Plan
- 2.39 Change Management Plan
3.0 Executing Process Group:
- 3.1 Team Member Status Report
- 3.2 Change Request
- 3.3 Change Log
- 3.4 Decision Log
- 3.5 Quality Audit
- 3.6 Team Directory
- 3.7 Team Operating Agreement
- 3.8 Team Performance Assessment
- 3.9 Team Member Performance Assessment
- 3.10 Issue Log
4.0 Monitoring and Controlling Process Group:
- 4.1 IFRS 9 project Performance Report
- 4.2 Variance Analysis
- 4.3 Earned Value Status
- 4.4 Risk Audit
- 4.5 Contractor Status Report
- 4.6 Formal Acceptance
5.0 Closing Process Group:
- 5.1 Procurement Audit
- 5.2 Contract Close-Out
- 5.3 IFRS 9 project or Phase Close-Out
- 5.4 Lessons Learned
With this Three Step process you will have all the tools you need for any IFRS 9 project with this in-depth IFRS 9 Toolkit.
In using the Toolkit you will be better able to:
- Diagnose IFRS 9 projects, initiatives, organizations, businesses and processes using accepted diagnostic standards and practices
- Implement evidence-based best practice strategies aligned with overall goals
- Integrate recent advances in IFRS 9 and put process design strategies into practice according to best practice guidelines
Defining, designing, creating, and implementing a process to solve a business challenge or meet a business objective is the most valuable role; In EVERY company, organization and department.
Unless you are talking a one-time, single-use project within a business, there should be a process. Whether that process is managed and implemented by humans, AI, or a combination of the two, it needs to be designed by someone with a complex enough perspective to ask the right questions. Someone capable of asking the right questions and step back and say, 'What are we really trying to accomplish here? And is there a different way to look at it?'
This Toolkit empowers people to do just that - whether their title is entrepreneur, manager, consultant, (Vice-)President, CxO etc... - they are the people who rule the future. They are the person who asks the right questions to make IFRS 9 investments work better.
This IFRS 9 All-Inclusive Toolkit enables You to be that person.
Includes lifetime updates
Every self assessment comes with Lifetime Updates and Lifetime Free Updated Books. Lifetime Updates is an industry-first feature which allows you to receive verified self assessment updates, ensuring you always have the most accurate information at your fingertips.