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Mastering IFRS 9; A Comprehensive Guide to Financial Instrument Accounting and Risk Management

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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.

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