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Reed Business School: IFRS 9 - Financial Instruments, Professional Development, CPD Courses, Workshop Training, Accountancy

Reed Business School

Summary

Price
£250 inc VAT
Study method
Classroom
Duration
4 hours · Part-time
Qualification
No formal qualification
CPD
4 CPD hours / points
CPD What's this?
Additional info
  • Exam(s) / assessment(s) not included in price, and must be purchased separately
  • Tutor is available to students

Location & dates

Location

Address
Little Compton
MORETON-IN-MARSH
Gloucestershire
GL560RZ
United Kingdom
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Overview

IFRS 9 Financial Instruments has been a long time coming. The final, complete version of the standard becomes mandatory from 1 January 2018, when it will replace IAS 39.

CPD

4 CPD hours / points
Accredited by Reed Business School

Resources

  • IFRS 9 Financial Instruments - download

Description

Course objectives: • The course will include a review of IAS 39 and then compare how IFRS 9 will amend those rules or introduce new ones. • This course provides a headline service of what the principal changes to this area of accounting are, to enable participants to determine how much impact this new standard is likely to have on their business, where it may be necessary to know more and what planning activities might be required to prepare for the new standard’s implementation. Overview: • Recognition criteria • Correct classification as one of the three categories of financial instruments • Initial recognised value • Applying the fair value requirements • Reporting changes in value in profit or loss or other comprehensive income • Changes to the “own credit” rule • The new three stage impairment methodology • Principal changes to the hedging rules

Who is this course for?

Who is this course for? All businesses have financial instruments, even if they are just simple trade receivables and bank loans. Anybody who works on the preparation of financial statements in accordance with IFRS will find this course useful.

Questions and answers

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Legal information

This course is advertised on reed.co.uk by the Course Provider, whose terms and conditions apply. Purchases are made directly from the Course Provider, and as such, content and materials are supplied by the Course Provider directly. Reed is acting as agent and not reseller in relation to this course. Reed's only responsibility is to facilitate your payment for the course. It is your responsibility to review and agree to the Course Provider's terms and conditions and satisfy yourself as to the suitability of the course you intend to purchase. Reed will not have any responsibility for the content of the course and/or associated materials.

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.
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