Auditing IFRS 9

Starting Sep. 19

12 hours online

Auditing IFRS 9

12 Hours Online

2 Days per week (Sunday/Wednesday)

About IFRS 9:

IFRS 9 fundamentally changed the financial instruments accounting.
IFRS 9 implementation is an important issue for banks as it brings about a closer integration of different functions and skills and an inclusion of new instruments.

Auditing IFRS 9 implementation entails an understanding of the IFRS 9 requirements and its application challenges.

Internal Auditors have a strategic and operational role in applying IFRS 9.
This training program equips participants with knowledge and skills needed to evaluate the implementation of IFRS 9 and its impact on different functions of the banks.

Participants will learn about the IFRS 9 requirements and the accounting policies that are compliant with them. They will also learn the concepts and methods used to evaluate credit losses and to propose effective responses to risks.

Course Contents:

  • Definition of financial risks and operational risks
  • Relationship between financial statements and financial risks
  • Recognition criteria of Financial Instruments.
  • Summary of IAS 39 requirements
  • Business Model criteria and definition.
  • Classification of Financial Assets and Financial
  • Liabilities under IFRS 9.
  • Measurement of financial assets and Financial Liabilities.
  • Subsequent Measurement of Financial assets and Financial Liabilities.
  • Amortized cost and recognition of interest.
  • Impairment of Financial assets including loan commitments
  • De-recognition criteria
  • Hedge accounting and requirements.
  • Presentation and disclosures
  • Effective date and transition.
  • Examples and cases

For More details please contact us on:

Date: Starting 19 Sep.

Time: 07:00 PM - 09:00 PM

Total Duration: 12 Hours

Duration: 2 Hours per day (Sunday/Wednesday)