Ifrs 9 - Learning, Application, And Practical Examples

IFRS 9 made easier to understand and apply

What you'll learn

IFRS 9 Financial Instruments

Initial Recognition for Equity and Debt Instruments

Initial and Subsequent Measurement; FVPL, FVOCI, Amortized Cost

ECL and Impairment of Financial Assets

Derecognition

Reclassification of Financial Assets

Convertible Debts

Derivatives and Hedge Accounting

Comprehensive Examples with Application

Requirements

General Financial Accounting Knowledge

Description

1- Introduction to IFRS 92- Equity Instruments FVPL3- Equity Instruments FVOCI 4- Introduction to Debt Instruments5- Debt instruments Amortized Cost6- Expected Credit Loss and Debt Instruments FVOCI7- Amortized Cost and FVOCI Instruments Derecognition8- Significant increase in Credit Risk (SICR)9- Credit Impaired Financial Assets10- Debt Instruments FVPL11- Bonds Issued at a Premium12- Financial Liabilities13- Convertible Debts14- Reclassification of Financial Assets15- Derivatives16- Fair Value Hedges17- Cash Flow Hedges18- Interest Swaps19- Hedge EffectivenessThis course covers in details IFRS 9 with an emphasis on application with examples. For Financial Assets, you will be able to see the full cycle of a financial instrument from initial recognition and initial measurement to subsequent measurement and impairment including Expected Credit Loss until derecognition. We will cover reclassification of financial assets as well, and when a reclassification is required including the effect on the accounting records.The course discusses financial liabilities as well so you can see the flip side of the coin. We then move to the world of Derivatives and Hedging which is a very interesting topic.The course includes lecture videos with practical examples which will help you understand the concepts, how these concepts are applied, and the effect on the accounting records. There is an emphasis on journal entries so you can see the debits and credits and how the final balances that are reflected in the financial statements are reached.

Overview

Section 1: IFRS 9

Lecture 1 Introduction

Lecture 2 Equity FVPL

Lecture 3 Equity FVOCI

Lecture 4 Debt Instruments Introduction

Lecture 5 Debt Instruments - Amortized Cost

Lecture 6 ECL and FVOCI

Lecture 7 FVOCI & Amortized Cost Derecognition

Lecture 8 Significant Increase in Credit Risk

Lecture 9 Credit Impaired Financial Assets

Lecture 10 Debt Instruments FVPL

Lecture 11 Bond Premium

Lecture 12 Financial Liabilities

Lecture 13 Convertible Debts

Lecture 14 Reclassification of Financial Assets

Lecture 15 Derivatives

Lecture 16 Fair Value Hedge

Lecture 17 Cash Flow Hedge

Lecture 18 Interest Rate Swaps

Lecture 19 Hedge Effectiveness

Accounting Students and Professionals