Overview

  • Covering the definition of a financial instrument and a derivative
  • Covering the scope of IAS 32 and 39.
  • Testing the gained knowledge through exercises and questions.
 

Detailed Objectives

A) Recognition, classification & measurement, reclassification:

  • Understand and apply the criteria for initial recognition of a financial instrument
  • Understand and apply the criteria for classification and measurement of a financial instrument
  • Understand that classification of financial instruments drive the measurement of financial instruments
  • Understand when reclassifications are allowed or required
 

B) Derecognition, equity versus debt, embedded derivatives

  • Covering the criteria for derecognition and testing the gained knowledge through exercises and test questions.
  • Covering the criteria for the difference between equity and debt and testing the gained knowledge through exercises and test questions.
  • Covering the criteria for embedded derivatives and testing the gained knowledge through exercises and test questions.