This course has been designed to provide both a strategic overview and technical insight into the new IFRS 9 regime for financial instruments, with special emphasis on how the radical changes from the existing IAS 39 regime will affect the work of investors, advisers, deal-doers and analysts.
After several years’ delay, the IASB published in July 2014 the final text of the comprehensive new standard IFRS 9 Financial Instruments. This combines revised versions of previously published sections (Classification and Measurement of Financial Assets and Liabilities, and Hedge Accounting) with the first publication of the final and most controversial section: Impairment.
Despite the deceptively long lead time for adoption of the new standard (it becomes mandatory only for accounting periods beginning on or after 1st January 2018), the transition process confronts preparers and users with operational and commercial challenges comparable only with those posed by the original adoption of IFRS in 2005.
Overall, the jury is firmly out, and will remain so for several years, on the key question: how will IFRS 9 affect the comparability of reporting institutions, across business types, across borders, and across time?
|Training Course||Training Course Summary|
|Accounting Course for Listed Companies||The course will concentrate primarily on the additional obligations imposed by the relevant listing rules but it will also consider the other differences that exist within the legislation and within specific accounting standards.|
|IFRS Accounting for Real Estate||The course is essentially forward-looking and is accordingly based on IFRS accounting standards as published, regardless of their EU-endorsement status or their effective dates for mandatory adoption.|