Mastering IFRS 9: A Comprehensive Guide to Financial Instrument Accounting and Risk Management
Course Overview This comprehensive course provides a detailed understanding of the International Financial Reporting Standard 9 (IFRS 9) and its application in financial instrument accounting and risk management. Participants will gain hands-on experience with real-world examples and case studies, and receive a certificate upon completion issued by The Art of Service.
Course Features - Interactive and engaging learning experience
- Comprehensive and up-to-date content
- Personalized learning with expert instructors
- Practical and real-world applications
- High-quality content with actionable insights
- Certification upon completion
- Flexible learning with lifetime access
- User-friendly and mobile-accessible platform
- Community-driven with discussion forums
- Hands-on projects and bite-sized lessons
- Gamification and progress tracking
Course Outline Module 1: Introduction to IFRS 9
- Overview of IFRS 9 and its objectives
- Key changes from IAS 39
- Scope and application of IFRS 9
- Classification and measurement of financial assets
- Classification and measurement of financial liabilities
Module 2: Classification and Measurement of Financial Assets
- Business model test
- Contractual cash flow characteristics test
- Amortized cost measurement
- Fair value measurement
- Reclassification of financial assets
Module 3: Classification and Measurement of Financial Liabilities
- Classification of financial liabilities
- Measurement of financial liabilities
- Amortized cost measurement
- Fair value measurement
- Reclassification of financial liabilities
Module 4: Impairment of Financial Assets
- Expected credit loss model
- 12-month expected credit loss
- Lifetime expected credit loss
- Interest revenue recognition
- Impairment of financial assets
Module 5: Hedge Accounting
- Types of hedges
- Hedge effectiveness
- Hedge accounting requirements
- Discontinuation of hedge accounting
- Documentation requirements
Module 6: Derecognition of Financial Instruments
- Derecognition of financial assets
- Derecognition of financial liabilities
- Criteria for derecognition
- Partial derecognition
- Disclosure requirements
Module 7: Disclosure Requirements
- Disclosure objectives
- Disclosure requirements for financial assets
- Disclosure requirements for financial liabilities
- Disclosure requirements for hedge accounting
- Disclosure requirements for derecognition
Module 8: Transition and Implementation
- Transition requirements
- Implementation guidance
- Disclosure requirements for transition
- Disclosure requirements for implementation
- Best practices for implementation
Module 9: Case Studies and Examples
- Real-world examples of IFRS 9 application
- Case studies of financial instrument accounting
- Case studies of hedge accounting
- Case studies of derecognition
- Group discussions and exercises
Module 10: Final Assessment and Certification
- Final assessment
- Certification upon completion
- Issuance of certificate by The Art of Service
- Career benefits of certification
- Continuing professional development
Certificate of Completion Upon completion of this course, participants will receive a certificate issued by The Art of Service, demonstrating their expertise in IFRS 9 and financial instrument accounting and risk management.,
- Interactive and engaging learning experience
- Comprehensive and up-to-date content
- Personalized learning with expert instructors
- Practical and real-world applications
- High-quality content with actionable insights
- Certification upon completion
- Flexible learning with lifetime access
- User-friendly and mobile-accessible platform
- Community-driven with discussion forums
- Hands-on projects and bite-sized lessons
- Gamification and progress tracking