IFRS 9 - Hot news
2010-06-08 00:00:00
Company:
PricewaterhouseCoopers Česká republika, s.r.o.
Address:
New International Financial Reporting Standard 9 on classification and measurement of financial assets is a long-awaited standard representing delivery of the utmost priority of IASB. It is also the first real simplification of accounting for financial instruments.
This course will be looking into detail of the newly issues standard and will provide key insight inon the heated endorsement debate within the European institutions and outline of the future stages which should during 2010 lead to full replacement of the complex IAS 39 standard.
The seminar will focus on the following issues:
- From IAS 39 to IFRS 9
- Project phasing and timing
- Classification and measurement of financial assets (Phase 1)
- Two measurement categories of assets and dividing line
- Fair value option and equity through OCI option
- Embedded derivatives and transitory provisions
- EU endorsement debate and other European considerations
- Financial Instruments: Amortised Cost and Impairment (Phase 2)
- Hedge Accounting (Phase 3), liability side and convergence issues
The course will be presented by Petr Kříž, partner leading the PwC Czech Financial Services Assurance department who is as vicepresident for financial reporting of the Federation of European Accountants FEE involved in the ongoing commentary process and endorsement negotiations for adoption of IFRS in EU. Consequently he is able to provide deep insight into the latest developments.
Course date: 8 June 2010
Course time: 9.00 am - 12.30 pm
Venue: PwC Business Academy, Katerinska 40, Praha 2
Course price: CZK 4 800,- (excl. VAT)
For more information about this course and registration, please visit our webpage at www.pwc.com/academy.
