IFRS 7 Financial Instruments Disclosure

Price:
R549.24 (VAT Incl.)
Level:
Accounting Professionals
Sub-level:
IFRS
Lecturer:
Tristan David-Crewe White
Duration:
150 Minutes
Additionals:
   CPD Assessment
   Certificate

Lesson Outline

Financial Instruments in the context of IFRS are rather interesting. The recognition and measurement / impairment considerations are sitting in IFRS 9, whereas the disclosure requirements are contained in IFRS 7.

All IFRS clients are affected by IFRS 9 simply for having debtors / creditors, and by implication, IFRS 7 Disclosure of Financial Instruments will also need to be considered and applied.

This session provides an overview of the following aspects of IFRS 7 Financial Instruments Disclosure:

  1. Summary of the standard / why applied?
  2. Required info about
  3. Significant financial instruments
  4. Disclosures that accompany income statement / balance sheet / other, in relation hereto
  5. Nature and extent of risks arising from financial instruments
  6. Qualitative disclosures
  7. Quantitative disclosures
  8. Credit / liquidity / market risk
  9. NOT addressed:
  10. Hedging instrument related disclosures
  11. Transfers of financial instruments assets