Applying IFRSs presents significant challenges for financial institutions. The accounting requirements for financial instruments also affect the related disclosures. Utilizing a highly interactive format, this course provides a comprehensive overview
of the effects that the requirements have on the financial statements of financial institutions.
This three-day program offers invaluable guidance on meeting the requirements of current accounting principles and disclosure requirements. Coverage includes lending and repossessed assets, accounting implications of regulatory requirements, disclosures,
and IFRS 13 Fair Value Measurement. The complex requirements of IFRS 9 Financial Instruments are discussed and explained. Numerous examples and illustrations are provided, including application of the effective interest method under various scenarios,
retained servicing, loan commitments and financial guarantees, loan impairment and restructurings, derivatives and hedging and how IFRS 15 applies to financial institutions. Where applicable, IFRSs are contrasted with US GAAP requirements.
The theory and application of the standards is demonstrated with illustrative examples, complemented by application of the standards in an interactive group environment utilizing case studies, model financial statements, and practical exercises.
This course answers questions such as:
If you haven't already registered for this course, you can book your place today on our website. If you have already registered, click on the Continue button at the bottom of the page to log in.