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

Location Dates Time Availability  
London 18 Nov 2020 9:30 AM - 12:45 PM  Limited Book Now

Membership Scheme

You and your firm could be saving £000's on your CPD training. Find out how to join our membership scheme and receive immediate benefits.

Tailored training

We can tailor any of our public courses to meet your needs as well as providing completely bespoke training solutions. Learn more about tailored training.

Special Assistance Policy