The objective of the training is to provide participants with leading and relevant updates on IFRS9 implementation, as well as provide them with the technical knowledge to account for and value specific financial assets for impairment. The program will be highly interactive and will encourage participation through exercises and case studies focusing on the practical realities of the market, rather than taking an excessively mathematical or academic approach.

Content
•    Valuation of Financial Assets
1.    The “Business Model Test”
2.    The SPPI test
3.    Amortized cost
•    Impairments and NPLs
1.    Change since IAS39
2.    Expected credit loss (ECL) model
3.    Earlier recognition of impairment losses
•    Hedge Accounting
1.    Type of hedging relationship
2.    Identification of hedging instrument
3.    Hedge effectiveness

Who Should Attend
Board members including non-executive directors and senior management