Applying IFRSs presents significant challenges for financial institutions, especially in light of new standards taking effect from 1 January 2018. Are you ready to comply with IFRS9?
The effective implementation of these new standards requires a robust rethinking of the processes around the costs involved, systems, people, risks and internal controls as well as a future view of the impact on the profitability and equity.
Utilizing a highly interactive format, this course provides a comprehensive overview of the effects that the latest requirements have on the financial statements of financial institutions. This is to invite you to a one-day workshop on meeting the requirements of IFRS9 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 will be provided, including application of the effective interest method under various scenarios, retained servicing, loan commitments and financial guarantees, loan impairment and restructurings, and derivatives and hedging. In addition, you have the option of getting an editable tool to ease your IFRS compliance.