International Financial Reporting Standards are the principles/standards used globally by accountants and auditors to prepare and audit the financial statements of both private and public companies. In the context of Continuous Professional Development, accountants and auditors are required to have deep knowledge and understanding of these standards in order to respond to the current professional environment and demands. Both IFRS 15 and IFRS 16 affect the majority of companies’ financial statements. The aim of this course is to provide an overview of the main principles and technical issues needed for the purposes of the appropriate application of both IFRSs.

This seminar provides an in-depth examination of IFRS 9 and IFRS 13, focusing on the recognition, measurement, and impairment of financial instruments, as well as the principles and techniques for fair value measurement. The seminar will cover the classification and measurement of financial assets and liabilities under IFRS 9, including the expected credit loss model for impairment. It will also delve into the fair value measurement hierarchy established by IFRS 13, providing participants with the knowledge to apply these standards in practice. Through case studies and practical examples, participants will gain the skills needed to ensure accurate financial reporting and compliance with these critical IFRS standards. The seminar is essential for financial professionals seeking to enhance their understanding of financial instruments and fair value measurement in accordance with international accounting standards.

The seminar is primarily addressed to Chief Financial Officers, Financial Controllers, Chief Accountants, Accountants, Auditors in the profession or industry. It is also relevant and appropriate to any individual having an active role in preparing, analyzing, and presenting financial statements