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IFRS 9 Financial Instruments

Many entities struggle with accounting recognition, measurement, presentation and disclosure relating to financial instruments.

R 475
Category Accounting
Accredited SAIBA
CPD Hours 2
Effort 2 Hours
Duration 2 Hours
Format Webinar
Level N/A
Assessment Yes
Supervised No
Pre-Entry No
Tuition Optional
Study Material No

What you will learn

By the end of this event the participant should: 

  • Understand how to correctly recognise financial instruments; 

  • Understand how to accurately measure financial instruments;  

  • Know the requirements for impairment of financial instruments; 

  • Know when and how to derecognise financial instruments; and  

  • Understand general hedge accounting.  

Study Units

IFRS 9 overview.

Financial instruments recognition

Initial and subsequent measurement.

Measuring leases accurately.

Derecognition – when and how?

Reclassification.

Understanding hedge accounting.

Impairment of financial instruments.

Disclosure of financial instruments.

Requirements

Who should attend 

The following persons will benefit from attending this webinar: 

  • Professional Accountants including: RA(SA), CA(SA),PA(SA) and BAP(SA); 

  • Accounting officers;  

  • Tax practitioners; and 

  • Bookkeepers. 

Description

Financial instruments exist in all entities and must be correctly accounted for in terms of the new and simplified IFRS 9 Financial Instruments, which replaces the former IAS 39 Financial Instruments: Recognition and Measurement.  

This new Standard which is mandatory effective from 1 January 2018, also includes requirements for impairment, derecognition and general hedge accounting.  

This webinar is part of a series on IFRS. The series will cover selected IFRS topics that every accounting professional should fully understand in their day to day work. 

 

DATE

  • THIS WEBINAR RECORDING WILL BE AVAILABLE FROM 27 MARCH 2020

PRESENTER

Anton van Wyk M.Com, CA(SA) 

Anton van Wyk is a chartered accountant and independent consultant in International Financial Reporting Standards (IFRS and IFRS for SMEs). As former subject head of Financial Accounting at various higher education providers (including the University of Johannesburg and Monash University South Africa), he has gained valuable insights into and understanding of the important principles underlying the International Financial Reporting Standards (IFRS). 

Anton is a well-known and popular presenter who has presented numerous IFRS updates for several accounting bodies across South Africa. He is known for his ability to simplify and highlight the most important principles contained in IFRS, whilst keeping the learning process enjoyable for attendees.