What does the IFRS 9 course cover?
IFRS 9 is covered here in 15 modules: Introduction to IFRS 9: Scope and application of IFRS 9, Key changes and updates from IAS 39, Classification of Financial Instruments: Examples and case studies of classification, Measurement of Financial Instruments: Initial recognition and and 12 more.
How do you approach IFRS 9 step by step?
The work is sequenced in 15 stages. It starts with Introduction to IFRS 9: Scope and application of IFRS 9, Key changes and updates from IAS 39, moves through Classification of Financial Instruments: Examples and case studies of classification and Measurement of Financial Instruments: Initial recognition and, and ends at Exam and Certification: Format and content of the final exam.
What is in Module 1 of the IFRS 9 course?
Module 1 is Introduction to IFRS 9: Scope and application of IFRS 9, Key changes and updates from IAS 39. It works through Overview of IFRS 9 and its objectives, key changes and updates from IAS 39 and Scope and application of IFRS 9. It sets the vocabulary the remaining 14 modules build on.
How is the IFRS 9 course delivered?
The IFRS 9 course is fully self-paced with immediate online access after enrolment. Access does not expire and future updates are included at no cost. It can be taken on any device, and a certificate of completion is issued by The Art of Service when you finish.
How much does the IFRS 9 course cost?
The IFRS 9 course is $199 as a one time payment. There is no subscription, no per seat licence and no hidden fee. Enrolment carries a 30 day satisfied or refunded guarantee, so it can be assessed in full before you commit.
More answers: what you get with every course, refund policy, all help answers.
Mastering IFRS 9: A Step-by-Step Guide to Financial Instrument Accounting
Course Overview
This comprehensive course is designed to provide participants with a thorough understanding of the International Financial Reporting Standard 9 (IFRS 9) and its application in financial instrument accounting. Participants will learn how to classify, measure, and disclose financial instruments in accordance with IFRS 9, 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 approach
- Practical and real-world applications
- High-quality content developed by expert instructors
- Certificate upon completion issued by The Art of Service
- Flexible learning options
- User-friendly and mobile-accessible platform
- Community-driven learning environment
- Actionable insights and hands-on projects
- Bite-sized lessons and lifetime access
- Gamification and progress tracking features
Course Outline
Module 1. Introduction to IFRS 9: Scope and application of IFRS 9, Key changes and updates from IAS 39
- Overview of IFRS 9 and its objectives
- Key changes and updates from IAS 39
- Scope and application of IFRS 9
Module 2. Classification of Financial Instruments: Examples and case studies of classification
- Classification criteria for financial assets and liabilities
- Amortized cost, fair value through other comprehensive income (FVOCI), and fair value through profit or loss (FVPL)
- Examples and case studies of classification
Module 3. Measurement of Financial Instruments: Initial recognition and
- Initial recognition and measurement of financial instruments
- Subsequent measurement of financial instruments
- Impairment and derecognition of financial instruments
Module 4. Impairment of Financial Instruments: 12-month and lifetime ECL
- Expected credit loss (ECL) model
- 12-month and lifetime ECL
- Examples and case studies of impairment
Module 5: Hedge Accounting
- Overview of hedge accounting
- Types of hedges: fair value, cash flow, and net investment hedges
- Examples and case studies of hedge accounting
Module 6. Disclosure Requirements: Examples and case studies of disclosures
- Disclosure requirements for financial instruments
- Significance of disclosures for financial reporting
- Examples and case studies of disclosures
Module 7. Implementation and Transition: requirements for IFRS 9, Examples and case studies of
- Implementation and transition requirements for IFRS 9
- Comparative and retrospective application
- Examples and case studies of implementation and transition
Module 8. Case Studies and Group Discussions: Sharing of experiences and best practices
- Real-world case studies of IFRS 9 application
- Group discussions and debates on IFRS 9 topics
- Sharing of experiences and best practices
Module 9. IFRS 9 and Other Standards: IAS 32, IAS 39, and IFRS 7
- Interaction between IFRS 9 and other IFRS standards
- IAS 32, IAS 39, and IFRS 7
- Examples and case studies of interactions
Module 10. Current Developments and Emerging Issues: Examples and case studies of
- Current developments and emerging issues in IFRS 9
- Amendments and updates to IFRS 9
- Examples and case studies of current developments and emerging issues
Module 11. Industry-Specific Issues: IFRS 9 application, Examples and case studies of
- Industry-specific issues in IFRS 9 application
- Banks, insurance companies, and other financial institutions
- Examples and case studies of industry-specific issues
Module 12. Best Practices and Lessons Learned: Best practices in IFRS 9 application
- Best practices in IFRS 9 application
- Lessons learned from implementation and transition
- Sharing of experiences and best practices
Module 13. IFRS 9 and Technology: Financial software and systems for IFRS 9
- Impact of technology on IFRS 9 application
- Financial software and systems for IFRS 9
- Examples and case studies of technology application
Module 14. Common Errors and Pitfalls: IFRS 9 application, Best practices to avoid errors and pitfalls
- Common errors and pitfalls in IFRS 9 application
- Examples and case studies of errors and pitfalls
- Best practices to avoid errors and pitfalls
Module 15. Exam and Certification: Format and content of the final exam
- Final exam and certification requirements
- Format and content of the final exam
- Preparation and study tips for the final exam