In view of the COVID-19 situation, selected ISCA’s CPE courses/sessions will be delivered via Live Webinar.Please do check the details before confirmation your registration for the course/session.Programme ObjectivesThis programme will provide a comprehensive overview on recently finalised financial instruments standard, IFRS 9 / FRS 109, which will replace IAS 39 (FRS 39). The seminar will focus most heavily on those revisions that will have the greatest practical impact. The changes will be illustrated and examples of how the new standard differs from IAS 39 will be provided. The standard is effective in 2018. The implementation of the changes required by the standard may take an extensive period of time depending on the organisation and the impact on long dated contracts need to be considered in advance.
In view of the COVID-19 situation, selected ISCA’s CPE courses/sessions will be delivered via Live Webinar.
Please do check the details before confirmation your registration for the course/session.
This programme will provide a comprehensive overview on recently finalised financial instruments standard, IFRS 9 / FRS 109, which will replace IAS 39 (FRS 39). The seminar will focus most heavily on those revisions that will have the greatest practical impact. The changes will be illustrated and examples of how the new standard differs from IAS 39 will be provided. The standard is effective in 2018. The implementation of the changes required by the standard may take an extensive period of time depending on the organisation and the impact on long dated contracts need to be considered in advance.
Brief overview of the basis for the revisions and desired outcomesClassification and measurementNature and characteristics of Financial InstrumentsClassificationMeasurement of financial assets and liabilitiesImpairmentHow the expected loss model differs from the current incurred loss modelApplication of model to different portfolios of amortised cost assetsAlternative method for non-financial institutionsHedge accountingRevised testing methodology eliminating the 80-125 ruleChanges for hedges of non-financial itemsRevisions to allow for simplified hedge effectiveness testingEffective date and transitional provisionsEarly adoptionNeed for foresight on new contracts and termination of existing contractsImplementation issues to considerTraining MethodologyLecture style, with ExamplesClosing Date for Registration1 week before programme or until full enrolment
Lecture style, with Examples
1 week before programme or until full enrolment
Chief Financial Officers, Financial Controllers, Finance Managers, Auditors, Accountants and those involved in the preparation and interpretation of financial statements. Other users of financial infor-mation will also find the seminar beneficial.
Category 1 = 7.00 Hours
25 Oct 2019 (9:00 AM - 5:00 PM)
Registration is closed
03 May 2019 (9:00 AM - 5:00 PM)
30 Jan 2019 (9:00 AM - 5:00 PM)
For Members: $ 345.61 For Non-Members: $ 415.16
137 Cecil StreetLevel 4Cecil BuildingSingapore 069537
You are about to leave ISCA eServices Portal and the registration link will be opened in a new tab. Do you wish to continue?
This course has been added successfully
Declaration to be provided by CPE
This Course is Intended for CA Singapore Users..
If you have an account with us, please sign-in first. If you do not have an account with us, create one now for free.
Do you wish to apply for SFC funding? (Singapore Citizenship Only)
05 Mar 2021 - 05 Mar 2021
08 Mar 2021 - 08 Mar 2021