Develop practical IFRS 9 implementation capability across financial instruments, hedge accounting and expected credit loss.
This course provides an in-depth analysis, application methodology and strategy for implementing IFRS 9 on financial instruments, including hedge accounting and the treatment for expected credit loss.
Delegates focus on implementation issues and challenges and discuss case studies on practical application of the standard. Participants gain an understanding of “what was” and “what will be” in the world of accounting for financial instruments.
The latest update on financial instruments published by IASB is IFRS 9. This standard replaces IAS 39. Amendments have been made in the classification and measurement of financial assets and a new model for impairment has been introduced. Hedge accounting is also challenging to implement.
The course clarifies these issues and helps participants prepare a strategy for transition to the modified standard.
Participants should have knowledge of accounting systems. A review of the basic provisions of IFRS 7 and IFRS 9 on financial instruments will be useful.
Delegates should ensure MS Excel is installed on their laptops.
Sessions are delivered primarily from resources made available by IASB, expressed opinions of practitioners, in-house research by the course development team and published statements of various banks.
Understand IFRS 9 categories, SPPI, business model assessment, FVOCI, amortised cost and reclassification.
Work through impairment, three-stage modelling, PDs, LGDs, 12-month ECL, lifetime ECL and provision-matrix approaches.
Clarify qualifying criteria, hedge documentation, FX and interest-rate hedging, CVA/DVA and fair value hierarchy under IFRS 13.
This well-researched course benefits executives responsible for finance and accounting functions in their organisations.
Finance Directors, Heads of Finance, Chief Finance Officers, Accounts Managers, Accountants, Auditors and Analysts will find the course particularly useful. Organisations can also use the programme to train young officers in the complexities of accounting in the industry.
Course fees include documentation, luncheon and refreshments for in-person learners. Delegates who attend all sessions and successfully complete the assessment receive an ACCA Certificate.
Each module is built around practical application, facilitated discussion, calculations, examples and case-study work.
Brian Nyongesa is a highly experienced Finance Transformation, Financial Reporting, Risk and Digital Advisory expert with over 18 years of experience serving banks, financial institutions, SACCOs, insurance companies, multinational organizations, governments and development partners across East Africa, the Middle East and Europe.
He specializes in finance transformation, financial reporting automation, IFRS 9 and IFRS 16 implementation, enterprise risk management, governance, reconciliation automation, artificial intelligence for financial services and digital transformation.
Brian has supported advisory and transformation initiatives alongside Deloitte East Africa, KPMG East Africa and PwC East Africa, contributing to projects for leading institutions including Equity Bank, I&M Group, KCB Group, Bank of Africa Kenya, AAR Insurance, regional banks, SACCOs and multinational organizations.
Currently, he serves as Director – Banking Transformation & Enterprise Advisory Practice at Strategic Business Solutions Limited (SBSL), where he leads executive education, banking advisory, finance transformation, AI adoption, governance, enterprise risk management and digital transformation engagements across East Africa.
Course cost is $890 per participant. The public cohort runs from 29th - 31st July at Ubumwe.
Course fees include documentation, luncheon and refreshments for in-person learners.
Delegates who attend all sessions and successfully complete the assessment receive an ACCA Certificate. A hard copy will be provided to in-person learners and a soft copy will be provided to virtual learners.
The course can also be run in-company.
The programme is especially useful for organisations seeking to strengthen internal capability around the classification, measurement and impairment of financial instruments.
It helps finance, accounting, risk and audit professionals understand IFRS 9 implementation choices, practical accounting treatment, case-study application and transition planning.
Participants leave with a clearer roadmap for addressing the updated standard inside their own organisation.
Submit your details and the ENESST team will follow up with registration details for the public cohort and corporate training options.
