This virtual training is being delivered live and online over 4 hours from 13:00 – 17:00 London (UK).
This focus session will take a brief, topic specific look at IFRS 9.
IFRS 9 has a logical, principles-based approach to measurement of financial assets based on the business model and nature of cash flows. The forward-looking impairment model requires timely recognition, and ongoing assessment of credit losses. The hedge accounting requirements are principles based and aligned to common risk management practices.
This course provides an overview of the key requirements of IFRS 9 in a practical and interactive way. In addition, it covers the impact of COVID-19 on IFRS 9 application and the IASB guidance in relation to the interest rate benchmark reforms.
The course is designed to help preparers and users of financial statements to evaluate the impact of IFRS 9 on the financial statements.