IFRS 9 – case studies
Financial instruments are pervasive across all reporting entities and even more so in the financial services sector. In the nineties, there were a lot of problems with the accounting for financial instruments. In response to that the IASB issued IAS 39. However, the global financial crisis of 2008 has shown us that simplifications to the complex IAS 39 were necessary, so the IAS 39 has been replaced by IFRS 9 effective as of 1 January 2018. There are a number of IFRS standards that are relevant to financial instruments.
This e-learning module provides practice cases relating to IFRS 9 financial instruments. The cases will go into more detail of the application of the scoping, classification and measurement and the impairment under IFRS 9. Hedge accounting is not included these practice cases for IFRS 9 but is covered in a separate module.
Different modules in the IFRS for Banks curriculum cover the different subtopics of IFRS 9 (classification, measurement, impairment and hedge accounting). In this case study e-learning, you will learn how to apply what has been covered in those modules. As such a basic understanding of IFRS 9 is expected. You can complete this course without having completed the other IFRS 9 e-learnings in the series, but is advisable to complete the others first.
This e-learning module will illustrate the application of some sections of IFRS 9 by means of cases.
At the end of this module, the participant will be able to:
Apply the theoretical knowledge in a case study on the scoping of IFRS 9
Apply the theoretical knowledge in a case study on classification and measurement
Apply the theoretical knowledge in a case study on impairment
This e-learning course is part of an e-learning series designed by PwC for the introduction of the IFRS 9 standard and to explain the impact for banks.
For whom:
Our financial instruments related IFRS e-learnings are specifically designed for those in financial and actuarial functions within banks. These modules are also of interest to those working within Reporting, Controlling, IT, Internal Audit, Risk, ALM / Treasury, Account Management and Tax.
Subject Matter Expertise
The IFRS subject matter experts within our Capital Markets and Accounting Advisory Services group have designed the modules together with learning experts. They have extensive knowledge of and experience in implementing IFRS for banks and other financial institutions. In designing the modules, they have focused on the relevance and impact of IFRS, in theory and in practice, for banks specifically.
This e-learning course takes approximately 50 minutes to complete, and as such, it can provide 1 learning hour – 1 CPD point based on a 50-minute hour. Upon completion of this course, you can print the certificate of completion as an evidence that you undertook the course.
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Further information:
Training hours: 50 minutes
CPD: 1.0
Language: English
- Topics: IFRS, Reporting
- Sector: Banks
Training method: E-learning
Type: Single course
Geographic relevance: Global
