Course Recording
An Introduction to IFRS 9
Recording Link Price: |
Firm/Group/Company - R900.00 (VAT Incl.)
Individuals - R300.00 (VAT Incl.) |
Recording Link Price (MLU Subscriber): |
Firm/Group/Company - R776.25 (VAT Incl.)
Individuals - R258.75 (VAT Incl.) |
Presenter: | Mr Tristan White |
CPD Hours: | Attending the course and successfully completing the post-assessment, will grant you 3 hour/s verifiable CPD, recognised by the various professional bodies (SAICA, SAIBA, ACCA, IACSA, IRBA & etc). Please note that the CPD certificate will only be issued once the post-assessment has been completed. |
Platform: | Web Based (Online) |
Course Facilitator: |
Tristan White
T: 0118861395 E: gillian@probetatraining.co.za |
Back Order Now |
The problem with IFRS 9 is that many accounting professionals believe that IFRS 9 does not affect their company.
“Our company doesn’t make use of financial instruments -- we are a manufacturing entity, so this is not a cause for concern?”
Well, that is not entirely true.
Do you / your entity sell or buy on credit? That means you hold a financial instrument in the form of a trade receivable or payable. Thereby, IFRS 9 will apply to you.
1 January 2018 marks the date that IFRS 9 becomes fully effective.
All public companies and companies with a sufficiently high Public Interest Score are now required to apply IFRS 9.
Break down IFRS 9 to help professionals better understand what is required of them when accounting for financial instrument transactions and preparation of financial statements, and thereby overcoming the fear and uncertainty that IFRS 9 brings.
This session provides a high-level overview of the following aspects of IFRS 9 Financial Instruments:
- Recognition
- Classification of financial instruments
- Measurement
- Impairment
- Hedge Accounting
- Derecognition
Definitions and disclosure requirements largely form part of other Financial Instruments standards within IFRS, i.e. IAS 32 and IFRS 7. These standards will only briefly be looked at.
• Accounting professionals
• Financial statement preparers
• Consultants
• Auditors