APPLYING IFRS 9 TO NON-FINANCIAL INSTITUTIONS - Two Day Workshop

IFRS 9 ‘Financial Instruments’ was issued in 2014 and replaces IAS 39 ‘Financial Instruments: Recognition and Measurement’. IFRS 9 is mandatory as from 1 January 2018. This 6-hour seminar will tackle the provisions of the new standard in terms of classification and measurement. Special care will be dedicated to aspects that resulted in significant changes when accounting for financial instruments, such as the classification of financial instruments, and the revamped impairment model. The implications will be illustrated by practical examples that impact non-financial institutions.

Audience:          

The training course is specifically targeted to accounting professionals and students, especially those who are pursuing or intend to pursue a career in audit, accountancy or IFRS expertise. The seminar is not targeted to professionals and students interested in the impact of IFRS 9 on financial institutions.

Keynote:                            

Participants are expected to have a solid understanding of basic accounting concepts, including double entry and basic financial reporting.

 Course Agenda:

• An introduction to financial instruments
• Classification: comparing IAS 39 to IFRS 9
• Measurement: comparing IAS 39 to IFRS 9
• A practical approach to the new impairment model and impact on non-financial institutions transition to IFRS 9

Others Details

Dates: Day 1 – Wednesday 26th August 2020 Day 2 – Friday 28th August 2020 Time-table for Day 1 & Day 2: 08:45 – 09:00 – Registration 09:00 – 10:30 – Part 1 10:30 – 10:45 – Coffee Break 10:45 – 12:00 – Part 2 12:00 – 12:15 – Question Time CPE Accreditation: 6 core hours Tutors: John Debattista and Paul Zammit