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Financial Instruments – IFRS 9 & the Replacement of IAS 39


BPP Professional Education

Summary

Price
£372 inc VAT
Study method
Classroom
Duration
Part-time
Qualification
No formal qualification
CPD
3 CPD hours / points
Additional info
  • Tutor is available to students

Location & dates

Location
Address
Venue may change up to 14-days before the course start date’
9-10 Portland Place
West London
London
W1B1PR
United Kingdom

Overview

At their meeting in April 2009, 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 IFRS 9 Financial Instruments was finally issued in July 2014. Its mandatory effective date is for periods beginning on or after 1 January 2018 with early adoption permitted. This crucial standard includes requirements for recognition and measurement, impairment, derecognition and general hedge accounting. The final version issued in 2014 supersedes all previous versions.

Venue may change up to 14-days before the course start date. Enquire for dates.

CPD

3 CPD hours / points
Accredited by BPP Professional Education Limited

Description

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

You may also be interested in IFRS 9 Financial Instruments - Numerical Financial Reporting Workshop.

Who is this course for?

This half day course will be of benefit to anyone who wants to be brought up to speed with all the latest developments relating to IFRS 9 and the replacement of IAS 39.

Questions and answers

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FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.