Dates and location
Pricing
Hours
Dates and location
Pricing
Hours
Description
This course is designed to teach participants the main provisions of the IASB standards over financial instruments and provide participants with the necessary knowledge to apply those standards to their own financial instrument fact situations.
The course will cover IAS 32 which provides guidance for presenting financial instruments as liabilities or equity and the classification of related interest, dividends, losses and gains. This course will also cover its provisions over offsetting of financial assets and liabilities.
IFRS 9 will form a significant component of the course as it contains the guidance over financial instrument classification, measurement and impairment and their timing of recognition. We will cover many provisions of IFRS 9 that can be difficult to apply and/or require significant judgment.
The course will also cover IFRS 7 disclosure provisions which are meant to show the nature and significance of a company's financial instrument holdings and their performance, but also their associated risks and how the company manages those risks.
This course will assist participants by providing them with the practical knowledge to understand the concepts and provisions of these financial instruments standards and how to apply them to their portfolio of financial instruments. These standard apply to all companies and they often requires certain planning, systems and processes to apply them effectively. The course will cover real-world examples and case studies and will also cover recent standard developments associated with financial instruments.
Topics Include:
- Overview and scope
- Classification, reclassification and presentation
- Initial recognition, subsequent measurement, de-recognition and offsetting
- Impairment
- Disclosures
- Future developments
- Derivatives and embedded derivatives
- Hedging
NOTE: This course description has been revised and reflects updates for 2023. If you have any questions, please contact pdevents@cpaontario.ca.
How to Access The Course
To access the course please visit our BlackBoard site, and log-in using the same login and password used for the Registration Portal.
Please allow up to 15 minutes after registration for the course to appear on your BlackBoard page.
Registration, cancellation, withdrawal and all other CPA Ontario PD policies can be found here.