Financial instruments - IFRS 9 and the replacement of IAS 39

At their meeting in April 2009, the G20 nations called for standard-setters to 'reduce the complexity of accounting standards for financial instruments' and to address issues arising from the financial crisis, such as loan-loss provisioning. Consequently a major project is underway that will ultimately lead to the replacement of IAS 39 Financial Instruments: Recognition and Measurement. In November 2009 the IASB published IFRS 9 Financial Instruments. This replaces the existing guidance on the recognition and measurement of financial assets. Subsequent phases of this project deal with asset and liability offsetting, impairments and hedge accounting.

The half day course will be of benefit to anyone needing to be brought up to speed with all the latest developments and proposals relating to IFRS 9 and the replacement of IAS 39.

• Financial assets.
• Financial asset - impairments.
• Financial liabilities.
• Hedging.
• Asset and liability offsetting.
• Derecognition.
• Effective date and transition rules.
• Convergence with US GAAP.

General information

CIMA members and students should log in to their MY CIMA account in order to receive the appropriate discounts.

 The course will start at 9.30am and end at 12.45pm. Refreshments are provided.

3 CPD hours (where applicable)

CIMA Mastercourses held in partnership with BPP 

Find out more
If you have any queries please email or phone us on +44 (0)845 026 4722.

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