Financial Instruments: Derecognition – Full course exam included

Course Structure

This eLearn introduces the following topics:

A) Derecognition:

• Liabilities
• Assets – decision tree
• Distinguish between the derecognition of financial liabilities and financial assets
• Understand the assessment for derecognition of financial liabilities
• Critically evaluate the different steps of the derecognition decision tree for financial assets
• Understand the assessment of derecognition for financial assets

B) Consolidation

• Understand the IFRS principle for consolidating entities within a group as provided in IFRS 10
• Understand the specialised case of agent v.s. principle as part of the assessment
• Obtain basic understanding of why the concept of consolidation is closely related to the concept of derecognition of financial instruments

C) Specialized topics:

• Securitization
• Factoring
• Gain better understanding of the relationship between consolidation and derecognition and how this assessment can be applied in the case of structuring of so called structured entities
• Obtain understanding of the assessment of structuring products
• Obtain understanding of applying the concept of derecognition in the case of factoring transaction
• Obtain understanding of applying the concept of derecognition in the case of factoring transaction

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

At the end of the eLearn an exam tests your knowledge of the topics discussed during the eLearn.

Key-Features

Online self-paced, available 24/7