This module will cover the introduction to financial instruments, the classification and measurement as well as the impairment requirements of IFRS 9, financial instruments' derecognition criteria and debt vs equity classification according to IAS 32.
The module provides a comprehensive summary of the most important concepts you should know about IFRS 9 classification and measurement criteria, IFRS 9 impairment, debt-equity classification, amortised cost calculation, fair value and derecognition requirements.
Upon completion of this module you will be more familiar with the proper accounting treatment of financial instruments according to IFRS. The e-learning explains the most important definitions of financial instruments, their valuation principles, the related classification and measurement criteria, the impairment requirements and the derecognition criteria of financial instruments according to IFRS9, as well as the debt vs equity classification according to IAS 32. Practical examples help better understanding of the topics throughout the module.
The e-learning introduces the following topics: