Financial Instruments – IFRS 9 & the Replacement of IAS 39
Pricing
Cost for BPP PD Members: £239 + VAT + 3 CPD Hours
(£299 + VAT for non BPP PD Members) Click Here for details of our membership scheme.)
Course level
Developmental
Delegates
This half day course will be of benefit to anyone who wants to be brought up to speed with all the latest developments and proposals relating to IFRS 9 and the replacement of IFRS 39.
Course overview
At their meeting in April 2020, the G20 nations called for standard-setters to 'reduce the complexity of accounting standards for financial instruments’ and to address issues arising from the financial crisis, such as loan-loss provisioning. Consequently a major project is underway that will ultimately lead to the replacement of IAS 39 Financial Instruments: Recognition and Measurement. In November 2020 the IASB published IFRS 9 Financial Instruments. This replaces the existing guidance on the recognition and measurement of financial assets. The proposed effective date for this standard under ‘full’ IFRS is 2020, however early adoption is allowable for some jurisdictions. Subsequent phases of this project deal with asset and liability offsetting, impairments and hedge accounting.
Learning outcomes include obtaining a greater understanding of:
- Financial assets
- Financial assets - impairments
- Financial liabilities
- Hedging
- Asset and liability offsetting
- Derecognition
- Effective date and transition rules
- Convergence with US GAAP
"A CPD certificate of completion will be provided by BPP Professional Education Limited upon request, following attendance."
Course Dates
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Time |
Availability |
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London |
18 Nov 2020 |
9:30 AM - 12:45 PM |
Limited |
Book Now
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