Overview

  • 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


 

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 e-learning


 

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 scenario‚Äôs


 

D) Impact on banks:

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