• Discussing the scope of IFRS 9.
  • Providing an overview of the relevant first time adoption dates and the impact for banks.


Detailed Objectives

A) Classification & Measurement:

  • Understand the basic concepts of the classification and measurement requirements under IFRS 9.
  • Providing an overview of the type of financial assets and liabilities and how they are classified
  • Discussing the business model assessment and the SPPI test for financial assets.


B) Impairment:

  • Understand the general impairment model
  • Providing the general model and testing your understanding through some  exercises.


C) Hedge Accounting:

  • Identify the changes in hedge accounting guidance compared to IAS 39.
  • Discussing each of the three hedge accounting models including the changes therein compared to IAS 39.