Financial Instrument - IFRS/Ind AS (IAS 32, IFRS 9, IFRS 7)
What you'll learn
- Learn the latest IFRS standard IFRS 9 - Financial Instruments
- Recognition and measurement of financial assets and liabilities
- Learn different measurement methods such as amortised cost, fair value through profit and loss and fair value through other comprehensive income
- Course includes several exercises / case studies to see how IFRS 9 applies to different situations.
- Difference between hedging and hedge accounting
- Classification of financial assets and liabilities
- Financial Instruments used as hedging tools
- No requirements
The course will cover the complete Financial Instruments - IFRS (IAS 32, IFRS 9, IFRS 7/Ind AS (Ind AS 32, Ind AS 109, Ind AS 107) - and is designed for both beginners and professionals. I have used several case studies, more than 100 practical questions, and the Annual Report to provide you with in-depth knowledge of Financial Instruments.
Also, I have resolved live queries of participants, which help you understand the concept properly, this course will help you clear DipIFRS exams.
Transaction in financial instruments is pervasive across many entities in India. Financial instruments include Financial Asset, Financial Liability, Equity Instruments, Compound Financial Instruments, etc. Under the IFRS/Ind AS framework, detailed guidance on recognition, derecognition, classification, measurement, presentation, and disclosure of Financial Asset, Financial Liability, and Equity Instrument is available in three IFRS/Ind AS
Topics to be covered:
a. Definition of Financial Asset, Financial Liability, and Equity
b. Recognition of Financial Asset, Financial Liability, and Equity
c. Derivatives and Embedded Derivatives
d. Derecognition of Financial Asset, Financial Liability, and Equity
e. Hedge Accounting
f. Annual Reports
An introduction to this chapter will note that classifications such as financial instruments, functional categories, maturity, currency, and type of interest rate are related to several different parts of the international accounts. It will also state the objectives of classification, namely to develop aggregates that (i) group similar items, and (ii) separate items with different characteristics and causes.
Who this course is for:
- Accounting and Finance Beginners & Professionals as well as students from ACCA, CIMA, CA, ICAEW,, CAT BBA, MBA and others studying Financial Accounting under IFRS
CA Ankit Bajaj is having 15+ years of Finance Training and corporate experience. He has worked in a number of domains such as Consultancy, Healthcare, Manufacturing, etc. He has worked in the product as well as service-based companies.
He is currently working with multiple B Schools, Consultancy Firms, and Training Institutes. In his current role, he provides training to corporate learners, B-Schools, CA, CS, CFA, US CWA, ACCA aspirants
He delivers training on IFRS/IND AS, Direct Taxation, Financial Management, Fundamental Analysis, and doubt sessions for students. He also conducts technical interview mock sessions where he interacts with students and evaluates the level of clarity the student has in IFRS and IND AS and identifies an area of improvement.
He is an expert in fundamental analysis of various companies and stocks, working capital management, tax management, and finalization of books of accounts.