Thèmes > Normes IFRS
Formation: The financial instruments in accordance with the IFRS
Objective
The objective is to understand the impacts of the implementation of the IFRS in the banks, in particular IAS 39.
There will be an analysis of accounting theory and its application in various examples drawn from several bank financial statements.
Training supports
Power point documentation.
Alternation of statements, illustrations and practical exercises. Questions/Answers.
Public
Accountants, auditors, management accountants, IT services, backoffice and middle office agents, risks managers.
Required knowledge
Basis knowledge of accounting.
| Durée: | 2 jours |
| Référence: | 107 |
| Prix: | 1674.4 € TTC (Repas inclus) |
| Conception: | Hugues BEAUGRAND |
| Début: | 08/04/2010 |
| Fin: | 09/04/2010 |
| Animateurs: | Hugues BEAUGRAND |
| Lieu: | Paris |
| Début: | 07/10/2010 |
| Fin: | 08/10/2010 |
| Animateurs: | Hugues BEAUGRAND |
| Lieu: | Paris |
Programme:
The financial instruments in accordance with the IFRS
1. Scope and definitions
•The definition of an financial instrument.
•The different methods of measurement.
•The synthesis of IAS 39.
2. Non-derivative financial instruments
The financial instruments are classified in different portfolios.
•Financial instruments at fair value through profit or loss.
►Held for trading.
►Option fair value (embedded derivatives, mismatching, internal management in fair value).
•Financial assets available for sale.
►General rules.
►The depreciation of the "Available for sale" portfolio.
•Investments held to maturity.
►General rules.
►The tainting rule.
•Loans and receivables.
►General rules.
►The survey of the effective interest rate.
•Other liabilities.
3. Derivatives
The accounting principles will be illustrated by the swaps.
•General accounting principle : the fair value.
•Conditions to achieve hedge accounting.
►Prospective effectiveness test.
►Retrospective effectiveness test.
►Documentation.
•Hedge accounting.
►Fair value hedge.
►Cash flow hedge (probable forecasted pur chase or sale of an instrument ; existing asset or liability with variable interests).
►Net investment hedge in a foreign operation
•The options.
►Economic explanation.
►The different parts of their valuation (intrinsic value, time value).
►The accounting.
•The other derivatives.
►The FRA.
►The other options.
►The credit default swaps.
►Forward foreign exchange.
►Others.
•Other issues.
►The embedded derivatives.
►The day one profit or loss.
4. Recognition and derecognition
•The notion of risks and rewards.
5. Recognition and derecognition
•The general accounting principles of the provisions.
•The depreciations of the financial instruments.
•The collective evaluation of impairment.
