An in-depth discussion of the important principles of recognition and measurement underlying IFRS 9 Financial Instruments

In this course, join Anton van Wyk CA(SA) as he investigates the most important underlying principles dealing with the recognition and measurement of financial instruments in terms of International Financial Reporting Standards (or “full IFRS”). IFRS 9 has been a long time in the making and the last section of the standard to be rewritten, being impairment testing of financial assets, where the impairment model has been amended from an incurred loss to an expected loss model, has also been completed. Completion of this short course will see you having a solid understanding of all the principles at play when considering how to correctly identify, recognise (including classify), and measure (i.e., initially, and subsequently) financial instruments in the financial statements of entities applying full IFRS as their financial reporting framework. You will be able to authoritatively speak about the topic and be fully informed about the issues to be on the lookout for when applying IFRS 9. 

You will also be developing the following professional competencies/skills by completing this course successfully:
Main competency grouping: Professional values and attitudes

Sub-competency grouping: Lifelong learning

Specific competency: Inquisitiveness

Main competency grouping: Enabling and future competencies

Sub-competency grouping: Business acumen

Specific competency: Business internal environment

Sub-competency grouping: Decision-making acumen

Specific competency: Critical thinking

Specific competency: Judgement

Specific competency: Problem-solving

Main competency grouping: Technical competencies

Sub-competency grouping: Stewardship of capitals: Business process and risk management

Specific competency: New developments and protocols knowledge

Specific competency: Reporting fundamentals

Sub-competency grouping: Decision-making to increase, decrease or transform capitals

Specific competency: Drawing conclusions

Sub-competency grouping: Reporting on value creation

Specific competency: Providing advice