The changes in IFRS 9 introduced a more principles-based approach to classification and measurement of financial assets, based on the business model and nature of cash flows. The new impairment model requires a more timely and forward-looking approach to measurement of credit losses, in addition to an ongoing measurement.
This 4-Day IFRS 9 Masterclass covers the in-depth analysis of principles in IFRS 9. Numerous examples and illustrations will be used to explain the business model and cash flow characteristics test for classification of financial assets, amortised cost and fair value measurement of financial losses and the accounting and impact of different types of hedges on financial statements.
Causal Capital Pte Ltd is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.
National Registry ID #138370. In accordance with the standards of the National Registry of CPE Sponsors, CPE credits have been granted based on a 50-minute hour.
This course is worth 32 CPE credits by field of study:
Business Mgmnt & Org:
4 CPE credits
10 CPE credits
6 CPE credits
4 CPE credits
6 CPE credits
2 CPE credits
Key Learning Objectives
Instruments Deep Dive
Fair value movements due to Credit & Debt Valuation Adjustment
Impact of reclassification of financial assets
How to treat transaction costs
Case study on transfer, retention and termination of contracts
Repossessed assets, Financial Guarantees & restructures in IFRS 9
IFRS 9 and hedging practices
A framework to address embedded instruments including netting and offseting
Data, documents and systems under IFRS 9
Impairment & Hedging
Development & application of credit impairment
Expected Credit Loss (ECL) models under IFRS 9
Modelling of Exposure At Default (EAD), probability of default and Loss Given default (LGD)
Approach to Monte Carlo valuation
How to apply impairment to portfolios under IFRS 9
Design & test hedge effectiveness
ELS probability weighted estimates
Develop provision matrix
Measure contractual recovery
CVA, FVA, XVA Explained
IFRS 9 Framework
IFRS 9 Roadmap & Overview
Definitions and financial instruments & cash flow structures
Accommodation of IAS 32 & IAS 39 and integration of IFRS 15 & 17 into IFRS 9
Gap Study to access how "IFRS 9-ready" your business is
Amortised Cost and Time Value Money (TVM) case study
Applying Fair Value in IFRS 9
IFRS 9 Impacts and Risks
Financial Instruments Harmonisation
Exclusive course benefits ...
Hard and soft copy information
Indefinite access to a Reading Portal
Credit Risk Impairment Spreadsheet Models
Real Life Reporting Examples
Gap study Check List
Post workshop support
Who Should Attend
Finance Managers & Teams
Financial Reporting Teams
James Sehgal has a diverse experience over 19 years across 3 continents (North America, Europe and Asia Pacific) in front office Markets Trading / Portfolio Management of XVA (CVA/DVA, FVA, KVA, WWR, Differential Discounting etc), Funding, Collateral Optimisation, and Risk Management.
He possesses executive leadership and mentoring skills to motivate teams on achieving positive results whether in building a business from ground up or achievement on daily issues. He assures that the business is focused on long-term customer relations and solutions oriented via structured or re-structuring trades to obtain optimally balanced risk and capital transactions.
James Sehgal has a strong experience on supervisory, structuring and Derivative Regulations (Basel III, CRDIV, Initial Margining, FRTB, IFRS9) relating to the markets business. He ensures smooth operation of the business from top down approach and achieve targets within budget.
His knowledge spreads across a diverse set of products and asset classes and structured solutions. He co-authored a handbook section on Counterparty risk and XVA/ Capital for PRMIA (Professional Risk Managers’ International Association). James Sehgal has chaired and presented at various industry conferences on CVA/XVA/Capital within Asia Pacific (Bloomberg, RiskMinds, Risk, Marcus Evans etc) and London, UK.
Have a team to train?
Have a requirement to run the course internally?
Hold an in-house course at your convenience, with customised course outlines and specific industry case studies.
We can adapt this training to meet your exact needs.
Contact us to find out more!
For more information, please be in touch with our Causal Capital Advisors:
Professional Development Advisor
+44 20 7193 2513
WHY CAUSAL CAPITAL?
Competency training is a new and targetted way to deliver not just knowledge but know how to attendees that maximises their learning.
We lift the technical competency profile of staff so that they can make a true commercial difference to the companies they work for.
Nina Singh | Causal Capital Product Inteligence
Causal Capital has a really strong reputation for delivering quality training programs where participant learning lasts years after the knowledge transfer has begun. We develop cutting edge masterclasses that addresses the real business problems our attendees face in their day to day work. Our learning is enjoyable, highly instructive, practical and easy to follow and we lift CV of our candidates to a best practice technical level.
All programs are hands on, practical and easy to follow
Materials are available in hard and electronic format
Attendees gain lifetime membership to portal libraries
Technical aspects are explained with real life examples
All our programs come with post workshop support
Real problem solving - Bring your business problem along
T: +65 6221 7919 | +65 6221 7939
105 Cecil Street, #22-00, The Octagon Suite 2203, Singapore 069534
Registerd Company No.: 200619120E