Overview

  • Understand the importance of the concept of derecognition of financial instruments for banks
  • Recognise for which balance sheet line items is the concept of derecognition of financial instruments applicable

 

Detailed Objectives


A) Derecognition:

  1. Liabilites
  2. 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:

  1. Secruitisation
  2. 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

 

At the end of the e-learning an exam tests your knowledge of the topics discussed during the e-learning.