Online Course on
Financial Instruments under IFRS
Treatment of financial instruments can be very complex and it is necessary to have a clear understanding of the rules involved within the IFRSs to apply them properly.
There a number of different IFRSs dealing with financial instruments, covering presentation, recognition and measurement and disclosures under different standards. It can therefore be difficult to see the wood from the trees.
This online training course helps you through the complexity by looking at all the IFRSs at play.
It includes IFRS 7 which has recently become fully operational and IFRS 9 which will become fully mandatory in 2018.
Our Financial Instruments under IFRS Online Course
enables the learner to:
• Consider the three separate IFRS areas regarding accounting for financial instruments
• Recognise and measure financial instruments
• Understand how to deal with financial instruments that are transferred in full or part or items that are derecognised
• Understand the major features of disclosure in IFRS 7
|Rating:||100% of learners thought this course met their CPD needs|
“I am working on an IFRS 9 project in role with my employer and this reinforced some of the concepts relevant to the project.”
|You can review this course using the questionnaire in the course completion area.|
Learning outcomes of Financial Instruments under IFRS
IAS 32: Financial Instruments Presentation
• What are the objectives of IAS 32?
• What are the key definitions?
• How do we present a financial instrument on its initial recognition?
• How are puttable instruments dealt with?
• What if there is no contractual obligation to deliver cash or another financial asset?
• What are the settlement provisions and options?
• How should we treat compound financial instruments and ‘treasury shares’?
• How should interest, dividends, losses and gains be dealt with?
• Can financial assets and financial liabilities be offset?
IAS 39 and IFRS 9: Financial Instruments Recognition and Measurement
• Why are we talking about two IFRSs here?
• What are the objectives and scope of IFRS 9?
• When should financial instruments be subject to initial recognition?
• What do I need to know about transfers and derecognition?
• What about ongoing involvement in transferred assets?
• Are there other rules relating to transferred financial assets?
• When should there be a derecognition of a financial liability?
• How do we classify financial assets?
• What about the rules for the classification of financial liabilities?
• How should I deal with embedded derivatives?
• What about the initial measurement of financial instruments?
• How do I treat impairment issues?
• How do I assess significant increased in credit risk?
• How are reclassifications of financial assets dealt with?
• How should gains and losses be accounted for?
• What are the objectives and scope for hedge accounting?
• How do we account for hedge relationships?
IFRS 7: Financial Instruments Disclosures
• What are the objectives of IFRS 7?
• How do we make disclosures relating to the statement of financial position?
• How should we make disclosures relating to the statement of comprehensive income?
• What other disclosures are required?
• What about the hedge accounting disclosures?
• What about risk disclosures?
• What about transfers?
Target audience for Financial Instruments under IFRS
Anyone engaged either in the preparation of financial reports based on IFRS or their audit, as well as users of company accounts wishing to gain a fuller insight into the treatment of this important class of asset.
About the author of Financial Instruments under IFRS
Dr Wayne Bartlett specialises in public sector financial management and budgeting and has worked as a consultant and lecturer throughout the world.
After 7 years in the NHS in the UK, he joined the Home Office as Head of Accountancy Advice.
He has worked closely with a number of Supreme Audit Institutions and has become an expert of the implementation of international accounting standards.
Learners take their own route through the topics covered in the course. They will learn at their own pace through a variety of activities designed to accommodate a range of learning styles.
Register now for free module
To purchase a course or to try a free module please register. Registration is free and there is no obligation to purchase. Just click the button below:
Please review our Frequently Answers Questions (FAQs) for answers to the most common questions we receive (opens in a new window).
Buy Financial Instruments under IFRS Online Course
Click on the Buy Now or Add to Cart button above to make your purchase via credit or debit card. Your payment will be collected securely via PayPal. Please note that a PayPal account is NOT required to process your payment (simply click on the option to pay via credit or debit card). No surcharge will be levied on card payments for purchases. You will automatically be emailed a receipt after your purchase. Your service with Financial Fluency commences once your payment is processed. You have the right to cancel your order, less an admin charge, from the time of purchase for a period of 7 days provided you have not accessed the course. If you have worked through any of the course content you will not be able to cancel your order. Please read our full terms and conditions before purchase.
Pay by invoice and bank transfer
If preferred you can pay via bank transfer (BACS / EFT / Online banking).
Please complete the form below and we will send you an invoice with our bank details.
Other relevant information
View cart or checkout
If using our shopping cart, you can view the cart and checkout here.
You will receive 3 or 12 months (depending upon your chosen option) unlimited free access after payment of a one off registration fee.
Length of courses
Each course takes approximately 4 hours to complete.
Once you've completed the course you will be able to claim 4 verifiable CPD hours, if required. CPD points are claimed by the registered user, who can be someone different to the person who pays if required.
VAT will be calculated and added automatically during the checkout process (and before any payment is taken) based on your location.
VAT is applicable at the prevailing rate for customers within the EU. VAT will be added during checkout at the rate applicable to your Country. For customers outside the EU, where UK VAT is non-applicable, the checkout will automatically detect your location and VAT will not be added.
For customers in the Channel Islands please contact us in advance of purchase.
You will be emailed instructions of how to access your course and an activation code within one working day, usually a few hours.
Do you wish to pay in a different currency?
Simply email email@example.com with a list of the courses you wish to purchase and your chosen currency and we will send you an invoice in your desired currency.
Any more questions?
For any questions, please see our frequently asked questions as well as our full terms and conditions or send an email to firstname.lastname@example.org