Financial Instruments: Recognition, Measurement, and Disclosure (IAS 32, IFRS 9 & IFRS 7)
CPD Hours: 2
Price: R450.00
Financial Instruments: Recognition, Measurement, and Disclosure (IAS 32, IFRS 9 & IFRS 7)
Presenters : Caryn Maitland CA(SA)
Overview
Navigate the complexities of financial instruments with this comprehensive webinar, designed to demystify the principles of recognition, measurement, and disclosure under IAS 32, IFRS 9, and IFRS 7. This session will provide practical insights into classifying financial instruments, managing impairment, and enhancing transparency through robust disclosures.
Join Caryn Maitland CA(SA) to deepen your understanding and improve compliance with these essential standards.
Learning objectives
Attending this webinar will equip you with the following skills:
- Differentiate between financial assets, liabilities, and equity instruments under IAS 32.
- Understand the principles for the recognition and measurement of financial instruments under IFRS 9.
- Apply the expected credit loss model to impairment calculations effectively.
- Master the disclosure requirements of IFRS 7 for improved transparency and comparability.
- Address practical challenges and implement solutions to comply with the standards.
Content
The webinar will cover the following topics:
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Introduction to Financial Instruments
- Scope and objectives of IAS 32, IFRS 9, and IFRS 7.
- Key definitions and classifications of financial instruments.
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IAS 32: Classification of Financial Instruments
- Differentiating between financial assets, liabilities, and equity.
- Principles of offsetting financial assets and liabilities.
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IFRS 9: Recognition and Measurement
- Initial recognition and subsequent measurement of financial instruments.
- Classification and measurement categories: amortized cost, fair value through profit or loss, and fair value through other comprehensive income.
- Expected credit loss (ECL) model for impairment.
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IFRS 7: Disclosure Requirements
- Importance of transparency and comparability in financial reporting.
- Key disclosure requirements for financial instruments.
- Practical examples of qualitative and quantitative disclosures.
- Practical Applications and Case Studies
- Common challenges in applying IAS 32, IFRS 9, and IFRS 7.
- Industry-specific examples and practical solutions.
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