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 IASB are aiming to finalise all phases of the project by 2012.

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

The speaker will be drawn from a pool of qualified professionals who specialise in this subject. Having worked for leading organisations they will relate the course content to real life case studies.

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

The course will start at 9.30am, with registration and coffee from 9.00am, and end at 12.45pm. Refreshments are provided.

3 CPD hours (where applicable)

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

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