IFRS®: Presentation of Financial Instruments (IAS 32); Financial Instruments (IFRS 9); and Financial Instruments: Disclosures (IFRS 7)

Accurate financial instruments reporting

Knowing the core concepts of financial instrument accounting is crucial in today's business landscape, as is the need for precise reporting that provides consistent and comparable information to stakeholders. You can effectively navigate the accounting, presentation, and disclosure requirements for financial instruments under IFRS® Standards by understanding the following standards:

• IAS 32, Financial Instruments: Presentation
• IFRS 9, Financial Instruments
• IFRS 7, Financial Instruments: Disclosures

You'll explore key ideas, including:

• Understanding the scope and exceptions of these standards
• Identifying types of financial instruments
• Classifying financial assets effectively

Why IFRS Standards are relevant to your work

Many of the world's largest capital markets require or permit the use of International Financial Reporting Standards®.

Whatever your location, you could easily find yourself with a client subject to IFRS requirements.

Understanding IFRS requirements will help you better assist clients subject to these standards and enable you to effectively compete in the modern business world.

Realistic scenarios for practical application

The interactive learning elements and real-life examples in this course will help you implement key concepts in practice.

The real-world case studies in this course will enhance your comprehension of financial instruments and how they are accounted for under IFRS.

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.

Who Will Benefit

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

Key Topics

• Types of financial instruments
• Recognition and classification criteria
• Measurement and derecognition guidelines
• Disclosure requirements

Learning Outcomes

• Identify how financial instruments issued by an entity are presented as financial liabilities or equity under IAS 32, Financial Instruments: Presentation.
• Identify recognition and classification criteria for financial instruments, including derivatives, in accordance with IFRS 9, Financial Instruments.
• Identify measurement and derecognition guidelines for financial instruments, including derivatives, under IFRS 9.
• Identify requirements related to the significance of financial instruments to an entity and the nature and extent of risks arising from those financial instruments under IFRS 7, Financial Instruments: Disclosures.