Course Description
Elevate your financial expertise with this high-impact IFRS 9 training program, meticulously designed for professionals in banking, financial institutions, and corporate finance. Delivered by Step Sure Training & Research Institute (STRI), this globally accredited course offers unmatched depth and practical mastery of IFRS 9—the definitive international standard for financial instruments, credit risk modeling, and impairment accounting.
This advanced program empowers finance leaders to implement robust compliance strategies, streamline regulatory reporting, and strengthen risk mitigation practices. Through an industry-focused lens, participants gain vital knowledge in classification, measurement, impairment, and hedge accounting—critical for navigating today’s volatile financial landscape. This course is essential for organizations seeking excellence in financial reporting, asset management, and regulatory alignment.
Course Objectives
Participants will emerge with the tools and confidence to:
- Achieve Full IFRS 9 Compliance – Deeply understand and apply all core elements of IFRS 9 in daily operations and reporting.
- Enhance Impairment Modeling – Master the Expected Credit Loss (ECL) framework to measure, manage, and mitigate credit risk accurately.
- Implement Hedge Accounting with Precision – Apply IFRS 9 hedge accounting techniques to control market volatility and exposure.
- Optimize Financial Instrument Classification – Apply precise classification methodologies to financial assets, ensuring accuracy and clarity.
- Ensure a Smooth IAS 39 to IFRS 9 Transition – Manage the transition seamlessly with practical strategies and detailed changeover frameworks.
- Advance Regulatory Reporting Excellence – Fulfill IFRS 9 disclosure mandates with complete, audit-ready financial statements.
- Drive Strategic Risk Management – Integrate risk assessment, capital protection, and financial forecasting into your institutional framework.
- Apply IFRS 9 in Practice – Translate complex standards into executable practices using real-world scenarios and sector-driven examples.
Course Modules
Module 1: Introduction to IFRS 9 – The Essential Framework for Financial Reporting
- Historical context: From IAS 39 to IFRS 9
- Key concepts: Classification, measurement, and impairment
Module 2: Financial Instruments Classification and Measurement
- Deep dive into Amortized Cost, FVPL, and FVOCI
- Asset categorization and valuation methodologies
Module 3: Expected Credit Loss (ECL) Model – The New Standard for Impairment
- Calculating impairments using forward-looking models
- ECL implementation for portfolios and individual instruments
Module 4: Hedge Accounting – Managing Financial Risk under IFRS 9
- Hedge effectiveness, documentation, and accounting
- Application of fair value, cash flow, and net investment hedging
Module 5: Transitioning from IAS 39 to IFRS 9 – The Path to Compliance
- Comparative analysis of standards
- Implementation strategies, recalculations, and data readiness
Module 6: IFRS 9 Reporting and Disclosure Requirements
- Key disclosure frameworks and compliance checklists
- Statement preparation for regulators and investors
Module 7: Implementing IFRS 9 in Your Organization – Strategic Approaches for Financial Institutions
- Real-time case studies from banking and financial sectors
- Systems integration, data governance, and operational alignment
Key Beneficiaries / Users
This advanced training is ideal for professionals and organizations including:
- Banks and Financial Institutions
- Insurance Companies and Investment Firms
- Central Banks and Financial Regulators
- Auditing and Consulting Firms
- Government Financial Departments
- NGOs, INGOs, and Development Finance Institutions
- FinTech Companies and Financial Software Developers
- Public Sector Finance Officers
- Corporate Finance, Treasury, and Risk Management Units
General Information
- Duration: 5-Day Intensive Masterclass (Onsite or Online)
- Mode: Instructor-led, practical sessions with real-world application
- Facilitators: Delivered by certified IFRS experts with industry acclaim
- Case Studies: Industry-specific use cases and technical exercises
- Post-Training Support: 6-Month Expert Mentorship for Implementation Success
- Certification: Internationally Recognized Certificate of Achievement
- Access Points: Attend in Nairobi, Kampala, Kigali, Dar es Salaam, or Online
- Onsite Benefits: Inclusive of meals, accommodation, and full hospitality
Contacts
Email: info@stepsureresearchinstitute.org
Phone/WhatsApp: +254 723 482 495 | +254 757 155 287
Website: www.stepsureresearchinstitute.org