- Financial instruments and hedging tools - Be familiar with financial instruments and hedging tools (fair value hedge /cash flow hedge, titirisation, credit derivatives, hybrid debt)
- Financial markets securities and cost of funds - Concepts of interest, yield rate, liquidity, inflation, capitalization, discounting, compound interest calculation, actuarial calculations
- Financial risks: counterparty, liquidity, interest rates, exchange rates, marketable securities - Analysis, valuation, risk mapping and hedging strategy: - Counterparty risk: financial analysis and control of rating practices (internal, external) - Liquidity risk: ALM and group cash flow forecast - Interest rate risk: fixed and floating rate debt, bond issues - Foreign exchange risk: exports, imports, hedging, forward - Securities risk: dividends, acquisition and disposal of securities, trading room - Project & investment related risk Managing the identification and valuation of financial and non-financial risks
- Financial statements and notes - Know the balance sheet, the income statement, the cash flow statement, the statement of changes in shareholders' equity, the OIC, the notes.
- IFRS standards - International Financial Reporting Standards
Target audience
- Bankers / Account Managers
- Chartered Accountants, Statutory Auditors
- Consolidation and Accounting Directors
- Consolidation managers
- Consolidators
- Financial managers
- Treasurers
2 day
Prerequisites
It is recommended to have a good understanding of financial instruments and, specifically derivatives (swaps, options…), which can be obtained by attended our « Understanding hedging financial instruments ».
Comment fonctionnent les instruments financiers de couverture
Comprendre et mettre en œuvre
Objectives
– Know how to value and account for financial instruments under IFRS, specifically hedging derivatives
– Be able to implement hedge accounting
– Understand the related internal control issues, and the consequences on information systems and processes
Detailed content
> What is a financial instrument?
– The different categories according to IFRS 9
– Derivatives: systematic recognition on the balance sheet under IFRS
> Measuring financial instruments
– Fair value
– Amortized cost and effective interest rate: practical implementation
– Changes in fair value: reported in P/L or in OCI
– Impairment: expected loss approach
> Reporting financial instruments: recognition and derecognition
> IFRS and hedging strategies
– The use of derivative instruments: trading or hedging?
– Hedge accounting according to IFRS 9 (fair value hedge, cash flow hedge, net investment hedge): practice and implementation
> Financial disclosures to include in footnotes related to risks arising from the use of financial instruments (IFRS 7)
Why you should attend?
Accounting for financial instruments under IFRS should not exclusively remain within the realm of expertise. This training explains the key issues and renders the topic accessible, by reinforcing explanations on fundamental principles with numerous practical cases.
Training methods and assessment
Technical developments are presented with examples taken from current facts and actual annual statements. Theoretical principles are immediately put in practice via exercises and case studies.
A final quiz assesses knowledge acquisition.
Assessment questionnaire.
A training certificate is delivered at the end of the session.
The trainer is available by e-mail to answer any follow-up questions participants may have.
Price
1 840 € Excl. VAT – 2 208 € Incl. VAT
Médias
Témoignages
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Jonathan C.
Entreprise
Formation