IFRS 9 Expected Credit Loss Modelling Masterclass
We provide platform for Public training, In-house, to all clients and individual who seek to learn and educate.
Course Overview
This masterclass provides an in-depth analysis, application methodology and strategy for implementing IFRS 9 on financial instruments, including hedge accounting and the treatment for expected credit loss keeping in mind economic climate due to COVID 19.
Delegates will focus on implementation issues and challenges and discuss case studies on practical application of the standard. You will have an understanding on “what was” and “what will be” in the world of accounting for financial instruments.
IASB has published the new standard on financial instruments – IFRS 9. This standard replaces IAS 39.
Amendments have been made in the classification and measurement of financial assets and a new model for impairment has been introduced. Hedge accounting is also challenging to implement. This course will help to clarify these issues and help you to get ready to plan your strategy for the transition to the modified standard.
BENEFITS OF ATTENDING
- Learn how to interpret accounting requirements of IFRS 9 into a model context
- Identify the reporting implications of COVID-19
- Be aware of expected compliance requirements in reporting
- Learn how to align International Accounting Standards and Local Regulatory Requirements on EL-Provisions
- Align accounting policies with the reporting in light of the global pandemic
- Identify the specific reporting areas and standards impacted by COVID-19 pandemic
- Establish issues and solutions of 12 month and lifetime PD measurement
- Understand Steering Profits and Risks based on IFRS 9 and Integration of Stress Tests
- The changes with IFRS 9,15 &16 and key principles
- Become aware of critical issues to be solved with IFRS 9 in defaults, NPLs and Stage 3
- Probabilities of Default (PD) considerations
- Understand the impacts that need to be pulled into the interim reports
- IFRS 16 Lease accounting Part
- IFRS 9 Financial Instruments: Practical Considerations of Estimating ECL during Covid 19
- Understand key trends and messages to keep in mind for year end reporting including key disclosure Requirements
WHO SHOULD ATTEND
CROs, CFOs, COOs, Presidents/VPs/EVPs/FVPs/SVPs, Global Heads, Department Heads, Managing Directors, Directors, International/Senior Managers of:
- Financial Reporting
- IFRS Reporting Team
- Portfolio Managers
- Model Creation Team
- Risk Management
- Auditors
- Credit Risk Team
- Balance Sheet Management
- Bank & Country Risk
- Capital Management
- Capital Modeling & Compliance
IN-HOUSE
Our Tailored Learning Offering
Do you have five or more people interested in attending this course? Do you want to tailor it to meet your company’s exact requirements? If you’d like to do either of these, we can bring this course to your company’s office by offering our classroom program or LIVE Online. You could even save up to 50% on the cost of sending delegates to a public course and dramatically increase your ROI.
Top Quality
From the Boardroom to the front line, we can deliver engaging, multi-faceted learning programmes that will nurture the skills needed to fast-track development and enable teams to flourish.
Best Way
We combine the right blend of formal, informal, online and classroom techniques to increase your employees’ knowledge retention, drive collaboration, and create social learning communities.
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Amazing Experience
"We worked with BIZENIUS for our Fresh Graduates Program thru one of our clients. I must say that they are simply amazing. At each step of the sessions, Knowledge Transfer and Practical Learning were emphasized upon, with daily evaluations to verify learning. Happy to say that we are so happy that our partners chose BIZENIUS to deliver this critical session for us. Looking to work together in future."
Sustainable Relationship with BIZENIUS
“It is always a pleasure to work with BIZENIUS. We have been partnering with BIZENIUS since 2016 and we see improvements with each session. The courses are highly Interactive, and their lecturer’s makes it easy to understand the materials. We look forward to working with BIZENIUS on a variety of courses. We are happy with the way this relationship has evolved.”
Practical Approach, Hand on Learning.
“BIZENIUS organized NEBOSH Oil and Gas Certificate for us. The sessions in the preparatory training were well complimented with real life case studies and practical examples. We enjoyed the 5 days training session leading up to the examination. Everything was organized with meticulous details to ensure a great learning experience and success at the examination. Thank you.”
Relevant and Well Organized.
“The training was very well organized. The content was very relevant to my role. The interactive discussion was encouraged, and the trainer was also very knowledgeable of the subject matter. I would recommend this training to all who are involved at some stage of Risk, ICAAP or ILAAP.”
