International Financial Reporting Standards (IFRS 9) Training

The programme

Programme overview

Financial reporting is not just a compliance necessity—it is a crucial driver of strategic decision-making, investor confidence, and financial stability. IFRS 9 plays a pivotal role in standardising the recognition, measurement, and disclosure of financial instruments. However, its complexity often creates challenges for even the most seasoned professionals.

How should financial assets be classified accurately? How can forward-looking impairment models be implemented effectively? Can hedge accounting be leveraged for optimising financial performance? This International Financial Reporting Standards (IFRS 9) Training course provides clear answers to these critical questions by breaking down IFRS 9 through practical tools, real-world case studies, and expert insights.

Participants will explore key concepts such as Expected Credit Loss (ECL) models, fair value measurement, and risk management strategies. Additionally, the Ratomac International Financial Reporting Standards (IFRS 9) Training course integrates current financial reporting challenges, including the impact of economic downturns, climate-related financial risks, and digital transformation. Whether working in the public or private sector, participants will gain the skills needed to enhance financial reporting accuracy and compliance with IFRS 9.

Who should attend

Who is this programme for?

• Accountants Aiming to Enhance Their IFRS Expertise
• Financial Analysts Interpreting Complex Financial Instruments
• Risk Managers Ensuring Robust Risk Assessment Models
• CFOs and Finance Directors Driving Strategic Decision-Making
• Internal Auditors Reviewing IFRS 9 Compliance Processes
• Compliance Officers Navigating Regulatory Frameworks
• Public Sector Financial Officers Managing Large-Scale Budgets
• Bankers Assessing Loans and Credit Risk
• Investment Managers Optimising Portfolio Reporting

Learning outcomes

What you will learn

• Grasp the core principles and applications of IFRS 9
• Accurately classify and measure financial instruments
• Implement Expected Credit Loss (ECL) models effectively
• Utilise hedge accounting strategically
• Strengthen risk management through IFRS 9 compliance
• Prepare financial reports that enhance transparency and credibility
• Address contemporary IFRS 9 challenges with practical solutions
• Build a robust framework for continuous financial excellence

Explore the programme

Detailed programme outline

• Evolution of IFRS and key objectives of IFRS 9
• Differences between IFRS 9 and IAS 39
• The role of IFRS 9 in today's financial landscape
• The May 2024 amendments to IFRS 9 and IFRS 7 — covering electronic payment settlement and contractual cash-flow assessments and disclosures — effective for annual reporting periods beginning on or after 1 January 2026
• Classifying financial assets and liabilities
• Amortised cost, FVOCI, and FVTPL explained
• Practical examples of classification decisions
• Challenges in reclassification and solutions
• Applying the May 2024 classification and measurement amendments in practice
• Shift from incurred loss to expected loss models
• Three-stage ECL model explained, including staging under Significant Increase in Credit Risk (SICR)
• Core ECL components: Probability of Default (PD), Loss Given Default (LGD), and Exposure at Default (EAD)
• Tools and techniques for calculating ECL
• Practical applications in loan and credit portfolios
• Purpose and importance of hedge accounting
• Types of hedges: Fair value, cash flow, and net investment
• IFRS 9 criteria for hedge effectiveness
• Impairment requirements under IFRS 9
• Assessing significant increases in credit risk
• Reporting impairments: Disclosures and compliance
• Industry-specific impairment modelling challenges
• Fair value hierarchy levels
• Measuring fair value under IFRS 13 and IFRS 9
• Disclosing fair value in financial statements
• Common pitfalls in fair value assessments
• IFRS 9 and credit risk management
• ECL models for loan portfolios
• Regulatory implications for banks, including alignment with Basel III/IV capital frameworks
• Integrating IFRS 9 into daily banking operations
• Unique financial reporting challenges in the public sector
• Adapting ECL models for donor and grant requirements
• Ensuring IFRS 9 compliance in government agencies
• Alignment with IPSAS 41, the specific public sector standard governing financial instruments and ECL
• Planning and executing IFRS 9 adoption
• Overcoming common implementation challenges
• Training teams for successful integration
• Ensuring ongoing compliance and updates
• Integrating IFRS 9 with other financial standards
• Role of technology in IFRS 9 compliance (AI, automation, digital reporting)
• Emerging trends in financial reporting and risk assessment
• Climate-related financial disclosures and IFRS 9 considerations
• Preparing for future updates to IFRS standards

Learning approach

How you will learn

Our diverse instructional approaches ensure effective learning:

– Lectures & Presentations: Engage with expert-driven, stimulating content.– Course Material: Access well-crafted supporting resources.– Group Work: Collaborate on discussions and case studies for practical insights.– Workshops & Role-Play: Participate in immersive, scenario-based activities.– Practical Application: Focus on applying theoretical knowledge in real situations.– Post-Training Support: Receive extensive support after training for skill implementation.

Discuss your requirements

Dates, duration & arrangements

Contact Ratomac to confirm dates, duration, delivery format, entry requirements and any applicable assessment or certification before booking.