Master Class on IFRS 9 & ECL Modeling

Training Contents

IFRS 9

incorporates the requirements of all three phases of the financial instruments’ projects, being:

1. Classification and Measurement;
2. Impairment; and
3. Hedge Accounting

Financial assets – Classification

1. Amortised cost
2. Debt instruments at FVOCI
3. Equity investments at FVOCI
4. Financial assets at FVTPL
5. Interaction of debt factoring with the classification model
6. Hybrid contracts containing embedded derivatives

Financial liabilities – Classification

Measurement

1. Measurement on initial recognition
   • Day one gains and losses
   • Trade receivables
   • Transaction costs
2. Subsequent measurement
   • Financial assets
   • Financial liabilities

Impairment

1. Overview of the new impairment model
   • General impairment model
   • Recognition of impairment – 12-month expected credit losses
   • Recognition of impairment – Lifetime expected credit losses
   • Determining significant increases in credit risk and credit-impaired financial assets
   • Exception for low credit risk financial assets
2. Simplified impairment model
3. Further implications
4. Impairment Transition

Hedge accounting

1. Qualifying criteria and effectiveness testing
2. Hedged items
3. Hedging instruments
4. Presentation

Expected Credit Loss (ECL) Model

Learn calculation of

• Probability of Default (PD) for the
• Exposure at Default (EAD) by focusing on the
• Loss Giving Defaults (LGD)

Investment:

PKR 25,500/- Net of all taxes 

For Details:

Send your full name, email ID, organization and city at info@lexicon.edu.pk | +92 320 8875000