2 Classifying financial instruments Recognising and derecognising financial assets Impairment of financial assets Note: other aspects of accounting for financial instruments have been covered in other sessions at this workshop.
With careful planning, the changes that IFRS 9 introduces might provide a great opportunity for balance sheet optimization, or enhanced efficiency of the reporting process and cost savings. IFRS 9 requires entities to estimate and account for EXPECTED CREDIT LOSSES FOR ALL RELEVANT FINANCIAL ASSETS (mostly debt securities, receivables including lease receivables, contract assets under IFRS 15, loans), starting from when they first acquire a financial instrument. Gathers in one place all the requirements on materiality from IFRS Standards and adds practical guidance and examples.
While some of the IAS 39 requirements can be trans- ferred almost identically into IFRS 9 regulation (for example accounting of financial liabilities, derecognition rules), accounting of financial assets under IFRS 9. Provides reporting entities with guidance on making materiality judgements when preparing financial statements in accordance with IFRS Standards.
curso ifrs 9:
- curso ifrs 9 summary
- curso ifrs 9 accounting
- curso ifrs 9 fipecafi
Financial Instruments, effective for annual periods beginning on or after 1 January 2018, will change the way corporates - i. O curso "IFRS 9 - Instrumentos Financeiros" baseia-se nas mudanças decorrentes da adoção da norma nos exercícios iniciados a partir de 1º de janeiro de 2018, com modificações relevantes em classificação e mensuração, redução do valor recuperável (impairment) e contabilização de hedge. IFRS 9 contains an option to designate, at initial recognition, a financial asset as measured at FVTPL if doing so eliminates or significantly reduces an 'accounting mismatch' that would otherwise arise from measuring assets or liabilities or recognising the gains and losses on them on different bases.
IFRS 9 Financial Instruments which will replace IAS 39) and also on the new standards effective from 1 January 2013, which could significantly affect the entities' financial statements, such as: - IFRS 10 Consolidated Financial Statements. It may be possible to leverage existing credit risk methodologies and processes to comply with IFRS 9 requirements without incurring undue cost or effort.