Financial Instruments (IAS 32, IFRS 9, IFRS 7)

Format

Course - Online

Duration

Addresses requirements of the following standards: IFRS 9, Financial Instruments; IAS 32, Presentation of Financial Instruments; and IFRS 7, Financial Instruments: Disclosures.

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.

£19.00 (CIMA members only)

£25.00

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Product information

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 course addresses requirements of the following standards: IFRS 9, Financial Instruments; IAS 32, Presentation of Financial Instruments; and 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.

Who should take this course?

• Accounting and finance professionals who work for private or public multinational organizations whose parent entity or subsidiaries have adopted IFRS
• Accountants in public practice who provide audit or assurance services to private or public multinational organizations that have adopted IFRS

Professional development

This Course - Online offers 2 hours of CPE credit.
Note on CPE Requirements and Credits
All learning resources available in the CGMA Store qualify for CPD for CIMA members.

Prerequisites:	None
Duration:	2h
Format:	Course - Online
Access:	This is a digital product. You will have access to the content for a year after purchase date.

Return and refund policy