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Essential of IFRS 9 for banks

Banque > Comptabilité, contrôle de gestion et fiscalité

Paris

1 day

02/04/2024 + 3 à venir

Prix en présentiel

1 787 €ht - Lunch included

Objectifs

  • Defining the main accounting rules defined by IFRS 9 in a bank environment.
  • Being able to understand the main features of the financial statements.
  • Preparing to follow more complex trainings.

Animateur(s)

BEAUGRAND Hugues

Hugues BEAUGRAND

Président, Expert-Comptable et Commissaire aux Comptes. Diplômé de l’École Supérieure Libre des Sciences Commerciales Appliquées (ESLSCA). Domaines d'animation et de conception :
  • Comptabilité bancaire.
  • Audit et contrôle interne.
  • Exigence prudentielle et ALM.
GHNASSIA Alain

Alain GHNASSIA

Domaines d’animation et conception :
  • Bâle III.
  • ALM.
  • IFRS.
  • Contrôle interne.

Programme

1SCOPE OF APPLICATION AND FEATURES OF IFRS

Aims of the IASB.

The choices made by the European Union.

The French issue.

Situation in Europe and the rest of the world.

Overview of published standards.

2FINANCIAL INSTRUMENTS: DEFINITION AND ACCOUNTING PRINCIPLES

Defining financial instruments.

The various methods:

  • Amortised cost.
  • Fair value.
  • Impairment.
  • Notion of business model and SPPI test.
  • Summarized overview of IFRS 9.

3NON-DERIVATIVE FINANCIAL INSTRUMENTS

Assets at amortized cost:

Conditions of classification (business model and SPI test).

Accounting schemes.

Assets at fair value through OCI:

  • Definition.
  • Accounting schemes.
  • Specific case of assets at fair value through non-recyclable OCI.

Assets at fair value through PL:

  • Definition
  • Accounting schemes.
  • Specific issue of the “fair value option”.

Notion of “expected loss”.

The three buckets of the impairment.

Liabilities at amortized cost.

Liabilities at fair value:

  • Trading.
  • Fair value option.
  • The specific case of the own credit risk.

4DERIVATIVE FINANCIAL INSTRUMENTS

Trading classification.

Many banks keep applying IAS 39 for hedge accounting, as allowed by IFRS 9.

Conditions for classifying a derivative as a hedging item.

The issue.

The three main conditions (under IAS 39).

The new conditions under IFRS 9.

Fair value hedge:

  • Definition.
  • Accounting schemes.

Cash flow hedge :

  • Definition
  • Accounting schemes.

5SYNTHESIS AND CONCLUSION

Synthesis of the day.

Evaluation of training.

Public et pré-requis

Participants

  • Beginners in banking accounting.
  • IT and administrative staff, internal and external auditors, management control department.
  • Generally, people who wants to have a general overview of the banking accounting without entering into the most complex details.

Supports et moyens pédagogiques

  • PowerPoint documentation.
    It has been adapted to be used in distance:

    • More examples.
    • More illustrations.
  • Alternate illustrations and practical exercises, exercises under Excel.
  • QCU, True/False, questions/answers to verify, review and confirm what has been achieved.

Connaissances requises

  • General knowledge about accounting and banking.

Dates

Dates Localisation / Modalité Animateur(s)
02/04/2024 Paris Hugues BEAUGRAND + 1 S'inscrire
02/04/2024 Distanciel Hugues BEAUGRAND + 1 S'inscrire
12/12/2024 Paris Hugues BEAUGRAND + 1 S'inscrire
12/12/2024 Distanciel Hugues BEAUGRAND + 1 S'inscrire
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