Take this course

Classification & Measurement under IFRS 9 - Exam not included

Date

Ongoing

Time

On-demand

CPE Hours

45 minutes to 1 hour

Competency

Core

Location

eLearn

Price

€40

Course Description

Understand the overall model of classification and measurement of financial assets.

Understand and apply the concepts of business model assessment and SPPI test, relevant to debt instruments.

Identify the different business models for debt instruments: hold to collect, hold to collect and sell and other.

Understand the classification and measurement of equity instruments.

Course Structure

This eLearn introduces the following topics:

  • Financial assets
  • Derivatives
  • Financial liabilities
  • Reclassifications
  • Impact on banks

Should Attend

This course is intended for professionals in financial and actuarial functions within banks.

Prerequisites

There are no prerequisites to follow this eLearn

Assessment

Exam not included.

Key-Features

Detailed Objectives:

A) Derivatives:

Understand classification and measurement of derivatives under IFRS 9
Identify the differences between IAS 39 and IFRS for embedded derivatives
Actively applying your knowledge in exercises throughout the eLearn

B) Financial liabilities:

Understand classification and measurement of liabilities under IFRS 9
Apply the fair value option under IFRS 9, for both financial assets and financial liabilities

C) Reclassifications:

Understand when reclassification is applicable under IFRS 9 
Identify when there is a change in business model
Understand the accounting impact of different reclassification scenarios

D) Impact on banks:

Understand how banks will be affected by classification and measurement under IFRS 9

Course Structure

This eLearn introduces the following topics:

  • Financial assets
  • Derivatives
  • Financial liabilities
  • Reclassifications
  • Impact on banks

Should Attend

This course is intended for professionals in financial and actuarial functions within banks.

Prerequisites

There are no prerequisites to follow this eLearn

Assessment

Exam not included.

Key-Features

Detailed Objectives:

A) Derivatives:

Understand classification and measurement of derivatives under IFRS 9
Identify the differences between IAS 39 and IFRS for embedded derivatives
Actively applying your knowledge in exercises throughout the eLearn

B) Financial liabilities:

Understand classification and measurement of liabilities under IFRS 9
Apply the fair value option under IFRS 9, for both financial assets and financial liabilities

C) Reclassifications:

Understand when reclassification is applicable under IFRS 9 
Identify when there is a change in business model
Understand the accounting impact of different reclassification scenarios

D) Impact on banks:

Understand how banks will be affected by classification and measurement under IFRS 9

Register Your Interest:

    I would like to receive more information about PwC’s Academy training.

    Funding Schemes Available

    Funding for Individuals

    Find out how you could get up to 70% of your course fees back.

    Funding for Corporates

    Discover our funding options for businesses and find out how you and your employees could benefit.