Learn IFRS 9 - Financial Instruments

Name: Learn IFRS 9 - Financial Instruments
Rating: 4.3 (280 reviews)

Financial Instruments Essentials

Created bySyed M Ali Shah

Last updated 11/2024

English

What you'll learn

Learn the latest IFRS standard IFRS 9 - Financial Instruments
Classification of financial assets and liabilities
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
Imapairment of Financial Assets
Financial Instruments used as hedging tools
Difference between hedging and hedge accounting
Course includes several exercises / case studies to see how IFRS 9 applies to different situations.

Course content

1 section • 22 lectures • 9h 29m total length

Introduction to Financial Instruments17:57
Derivatives1:03:21
Equity and Liabilities29:17
Explore IFRS 9 financial instruments with a focus on equity and liabilities, classification under IFRS 32, and the substance over form principles affecting balance sheets, income statements, and cash flows.
Recognition and Derecognition19:18
Amortised Cost18:45
Classification Of Financial Assets And Financial Liabilities43:18
Explain IFRS 9 classification of financial assets and liabilities into amortized cost, fair value through OCI, and FVTPL, by business model and contractual cash flows.
Reclassification of Financial Assets and Liabilities4:15
Learn how IFRS 9 classifies financial assets as amortized cost, fair value through OCI, or fair value through P&L. Discover when debt assets may be reclassified, while liabilities are not.
Measurement of Financial Assets and Liabilities25:21
Compound Financial Instruments15:57
Impairment of Financial Instruments22:44
Hedging and Hedge Accounting1:04:35
MCQ - Part 120:25
Case Study - Bank Loan12:31
Case Study - Loan Notes15:18
Case Study - Equity Instrument24:29
Case Study - Impaired Loans23:40
Case Study - Equity Valuation15:41
Financial Assets - General Discussion43:45
Executory Contracts and Own Use Concept22:31
Case Study - Interest Free Loans17:08
Case Study Kit Q 26 Stent Co29:27
Asset under IFRS 9 and Conceptual Framework20:16

Requirements

Not needed

Description

Course Overview

The course covers in detail the principle for measurement and recognition of Financial Instruments - Financial Assets as well as Financial Liabilities.

IFRS 9 is a relatively new standard which has replaced the old standard IAS 39 Financial Instruments

It is a complete guide kit for those who want to learn the treatment of Revenue under IFRS 9. The course includes complete lecture video on standard as well as several questions, solutions and case studies.

Course Includes

1. Classification of Financial Assets and Liabilities

2. Recognition and Derecognitions of financial instruments

3. Initial and subsequent measurement of financial assets and liabilities

4. Impairment of financial assets and different methods used

5. IFRS 9 - Hedging

6. Treatment of Loan Notes

7. Treatment of Bank Loans

8. Treatment of Equity Instruments

9. Hedging and hedge accounting

Who Should Take This Course?

Accounting and Finance Professionals as well as students from ACCA, CIMA, CA, ICAEW,, CAT BBA, MBA and others studying Financial Accounting under IFRS

About the Instructor

A qualified accounting and finance professional with over twenty years of extensive experience in diversified industry sectors such as auditing, large scale manufacturing and oil and gas.

Like most accounting and finance professionals, I started my career as finance executive and then over the years rose to the position of CFO in a multinational company in oil and gas industry.

I have also worked as a consultant with the World Bank and European Union on different projects in Middle East, Eastern Europe and CIS countries during 2011 to 2018 as a principal consultant for IFRS and Financial Management.

I am qualified professional with three professional qualifications MBA, ACCA and CIMA UK. I have been teaching IFRS, Financial Reporting, Financial Management and Performance Management for over fifteen years and my focus areas are ACCA and CIMA qualifications.

Who this course is for:

Accounting and Finance Professionals and Students