IFRS 9: Classification and Impairment

This webinar forms part of the 2024 IFRS Programme.

1 PD hours

Description

This webinar forms part of the 2024 IFRS Programme. The programme comprises 8 x 1-hour webinars, delivered by Saket Modi.

Book the full programme of eight webinars at a discounted price.

View the full programme

Content

Classification of financial assets and financial liabilities

Amortised cost
Fair value through profit and loss
Fair value through other comprehensive income

Business models criteria
Solely payments of principal and interest on outstanding principal
Impairment of financial assets

Application of expected credit loss approach

Presenter

Saket Modi

Expert Trainer at the School of International Financial Services

Saket Modi is a financial trainer and consultant based out of London. He has developed and facilitated workshops for finance professionals from over 50 countries in Europe, Africa, Americas, Middle East and Asia.

Saket specializes in financial reporting and analysis (IFRS/IPSAS)\, including financial instruments and insurance accounting. He has spent considerable time working, advising and training in matters relating to IFRS, and delivered workshops for corporates, banks and similar financial institutions, public sector organisations, and professional services firms.

Saket has written material on IFRS Accounting for Financial Instruments for Institute of Chartered Accountants in England and Wales and was invited by the International Auditing and Assurance Standards Board® (IAASB®) to present on IFRS 9 at their board meeting in New York. In addition, he has spoken at conferences and events organized by professional bodies and management associations.

Saket has previously worked with Lloyds Bank, Ernst & Young and PricewaterhouseCoopers. In addition to being a member of the Institute of Chartered Accountants of India, Saket holds IFRS certificate from the Institute of Chartered Accountants in England and Wales (ICAEW) and IPSAS Diploma from the Chartered Institute of Public Finance and Accountancy (CIPFA). He has an MSc in Multinational Accounting and Financial Management from UK and is a CFA® charterholder.