Target audience
- At banks and other financial institutions mainly employees at following departments: accounting, reporting, risk management, treasury, ALM, back office, middle office, controlling, internal audit, financial analyses of IFRS statements of customers
- At non-financial companies mainly employees at following departments: accounting, reporting, risk management, controlling, cash management, internal audit
- Audit firms
- Supervisors and enforcers in the area of financial institutions accounting
Obsah školenia: Derivatives and other trading instruments under IFRS
- Theory of held-for-trading financial instruments in light of classification and measurement of financial instruments
- Settlement vs trade date accounting alternatives for purchases and sales of shares and bonds
- Examples for booking of trading with bonds and shares including short shales
- Definition of derivatives under IFRS 9
- Special cases of derivatives from accounting perspective - contracts with credit risk, derivatives with non-financial items, loan commitments, derivatives with own shares, synthetic derivatives
- IFRS principles for accounting for derivatives - Examples for measurement and booking of an interest rate swap, forward rate agreement, FX forward
- Booking examples for FX and interest options, bond forward
- Booking examples for exchange traded derivatives – FX options and futures
- Treatment of derivatives cleared through central counterparties
- Theory of embedded derivatives
- Examples of closely and non-closely related derivatives
- Requirements for separation of embedded derivatives
- Examples for separation and bookings of embedded derivatives
After completing the training the participants will understand
- theory of derivatives from accounting perspective
- measurement of derivatives at fair value
- principles for separation of embedded derivatives
- booking logic of OTC and exchange traded derivatives including embedded derivatives
- booking logic of bonds and shares held for trading
