Financial Instruments in the context of IFRS are rather interesting. The recognition and measurement / impairment considerations are sitting in IFRS 9, whereas the disclosure requirements are contained in IFRS 7. All IFRS clients are affected by IFRS 9 simply for having debtors / creditors, and by implication, IFRS 7 Disclosure of Financial Instruments will also need to be considered and applied.

• This session provides an overview of the following aspects of IFRS 7 Financial Instruments Disclosure: - Summary of the standard / why applied? - Required info about  Significant financial instruments • Disclosures that accompany income statement / balance sheet / other, in relation hereto  Nature and extent of risks arising from financial instruments • Qualitative disclosures • Quantitative disclosures • Credit / liquidity / market risk • NOT addressed: - Hedging instrument related disclosures - Transfers of financial instruments assets

☐ Investment managers ☒Financial managers ☒Auditors ☒Bookkeepers ☒Financial accountants ☒Audit mangers ☒Audit partners ☒Engagement Quality Control Reviewers