IFRS: Financial Instruments (IAS 32, IFRS 9, IFRS 7)
Available Anytime
Location:
Online
2Credits
Accounting and Auditing
Registration is Open
FICPA Members
Nonmembers
$49.00 Regular Price
Product Code: AI23-IFRSCERT-L
Level: Basic
Vendor: AICPA CPE Division
Field of Study: Accounting
Overview:
This course is part of the IFRS Certificate Program - a comprehensive, integrated curriculum that will give you the foundational training, knowledge, and practical guidance in international accounting standards necessary in today's global business environment.
This self-study course addresses requirements of the following standards:
- IFRS 9, Financial Instruments
- IAS 32, Presentation of Financial Instruments
- IFRS 7, Financial Instruments: Disclosures
Course topics include the following:
- Scope and scope exceptions of these standards
- Definition and types of financial instruments
- Classifying financial assets based on cash flow and business model tests
- Basic concepts surrounding recognition, measurement, presentation, and disclosure of financial instruments
This course includes interactive learning elements, video content, and real-life application through case studies.
Note: Individual courses purchased within the last year can be applied toward the purchase of the IFRS Certificate Program. Find out more.
Objectives:
Learning Outcomes
- Recall how financial instruments issued by an entity are presented as financial liabilities or equity.
- Identify recognition and derecognition criteria for financial instruments.
- Recall how financial instruments are classified and measured initially and subsequently.
- Recognize the accounting requirements for derivatives.
- Identify the disclosure requirements regarding the significance of financial instruments to an entity, and the nature and extent of risks arising from those financial instruments