Course Detail()

Programme Objective
This new seminar aims to provide practical overview and insights on the classification, recognition, measurement and disclosure requirements of financial instruments under FRS 109. The course covers the business model concept as well as hands on guidance on the identification whether a financial instrument is based on determinable cash flows or not. Furthermore the course covers examples on the areas of impairment and hedge accounting.

After the course, the participant will be able to calculate the present and fair value of most standard financial instrument as well as be able to account for issues like own credit risk or effective interest rate.

The course is rounded up as an overview on the most common disclosures required under FRS 107.

Programme Outline

1. Overview and Introduction to Financial Instruments

a. Nature and Characteristics of Financial Instruments

b. Identification of determinable cash flows from financial instruments

2. NEW Standard covering financial instruments FRS 109

Business Model Test

a. Amortized cost model
b. Fair value Model

Impairment under FRS 109

3. Embedded derivatives

4. Hedge Accounting under the new FRS 109

Hedge Item & Instrument
Mayor changes to Hedge effectiveness & documentation
Hedging Models

i. Fair value hedge
ii.Cash flow hedge
iii.Hedge in foreign net investment

5. Financial equity and liability (FRS 32)

6. FRS 107 Financial Instruments Disclosures

i. Fair value disclosures
ii.Liquidity risk disclosures

Training Methodology
Lecture style, with Exercises / Case Studies

Closing Date for Registration
1 week before programme or until full enrolment

Intended For

Chief Financial Officers, Financial Controllers, Finance Managers, Auditors, Accountants and those involved in the preparation and interpretation of financial statements. Other users of financial information will also find the seminar beneficial.

Schedule & Fees

Testimonial

Funding

1] NTUC Union Training Assistance Programme (UTAP)

UTAP (Union Training Assistance Programme) is an individual skills upgrading account for NTUC members.

To find out more on the UTAP funding and support validity period please click here.

Should you have queries on the funding scheme, you can email to UTAP@e2i.com.sg or call NTUC Membership Hotline at 6213-8008

Programme Facilitator(s)