International Financial Reporting Standard-9 (IFRS-9) & An Introduction to Fundamental Review of Trading Book (FRTB)

Objectives:

  • To make participants familiar with the background and development in reporting
  • To explain framework under IAS 39
  • To understand classification to Amortized cost, Fair Value through OCI and P&L Accounts

Methodology:

  • Presentation by subject experts
  • Interactive sessions
  • Cases and examples

Key Takeaways:

  • Business model & SPPI test
  • Hedge Accounting
  • Credit and Debit value adjustments
  • Impairment Model and Expected Credit Loss Model
  • Grasping Implementation Challenges
  • Areas of Significant judgements
  • Delineation of Trading Book and Banking Book
  • Understanding Market Risk and Standardized Approach