This masterclass provides an in-depth analysis, application methodology and strategy for implementing IFRS 9 on financial instruments, including hedge accounting and the treatment for expected credit loss.
Delegates will focus on implementation issues and challenges and discuss case studies on practical application of the standard. You will have an understanding on “what was” and “what will be” in the world of accounting for financial instruments.
IASB has published the new standard on financial instruments – IFRS 9. This standard replaces IAS 39.
Amendments have been made in the classification and measurement of financial assets and a new model for impairment has been introduced. Hedge accounting is also challenging to implement. This course will help to clarify these issues and help you to get ready to plan your strategy for the transition to the modified standard.