Seminár

IAS 32 – Presentation of financial instruments

Martin Svitek

The course covers definitions in the area of financial instruments – financial assets, financial liabilities and equity instruments. The main focus is on explaining principles whether issuers of financial instruments treat them as financial liabilities, equity or compound instruments. This distinction is also important from investors’ perspective.  

The training describes principles for assessment of non-derivative instruments with a separate explanation of instruments convertible into shares of the issuer. Also, principles for presentation of derivatives settled with own shares are discussed. The course includes examples for accounting for equity instruments, compound instruments and derivatives settled with own shares. The presentation requirements are also explained in light of instruments commonly issued by banks.

Content of the training

  • Definitions of a financial instrument, financial asset, financial liability, equity instrument  
  • Explanation of the main principle – contractual obligation to deliver cash  
  • Special areas of the assessment – contingent settlement provisions, economic incentives, indirect obligations
  • Decision tree for assessment of non-convertible instruments 
  • Decision tree for classification of instruments convertible into equity instruments of the issuer – conversion into fixed/variable amount
  • Accounting for equity instruments from the perspective of the issuer 
  • Accounting for compound instruments from the perspective of the issuer 
  • Derivatives settled with own equity instruments (own shares) of the entity – decision tree, assessment of fixed amount vs fixed number, redemption obligation, examples
  • Presentation requirements explained based on instruments commonly issued by banks – CET1, AT 1, Tier 2 and subordinated debts, senior non-preferred debt

 

After completing the training the participants will understand

  • definitions in the are of financial instruments including split into debt instrument, equity instruments and derivatives
  • principles for the distinction between financial liabilities (i.e. debt instruments) and equity instruments both from the issuer’s and holder’s perspective
  • specific requirements for compound instruments containing both equity and liability components
  • requirements for derivatives settled with own shares of the entity
  • application of the presentation principles to the main types of instruments issued by banks

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, internal audit  
  •  Audit firms
  • Supervisors and enforcers in the area of financial institutions accounting  

Časový harmonogram

08:30 – 09:00 registrácia účastníkov
09:00 – 10:30 prednáška
10:30 – 10:45 prestáva
10:45 – 12:00 prednáška
12:00 – 13:00 obed
13:00 – 13:50 prednáška
13:50 – 14:00 prestáva
14:00 – 16:00 prednáška a diskusia

Lektor

Martin Svitek

Martin Svitek graduated from University of Economics in Bratislava, Slovakia in 1999. He continued with postgraduate study during which he was teaching courses on accounting in banking and finance. In 2004 he switched to banking practice and has been working as an IFRS expert since. His main focus are financial instruments. Most of the time he has…

Ďalšie semináre lektora

Termíny a miesto konania

14.10.2021

ONLINE

Martin Svitek

14.10.2021

Bratislava

Martin Svitek

Školenie vám vieme pripraviť na mieru aj pre vašich zamestnancov a kolegov. Kontaktujte nás telefonicky na 0910 343 747 alebo e-mailom na zuzana.cmorejova@dashofer.sk.

Organizačné pokyny a faktúru vám pošleme pred termínom konania. Ceny sú uvedené bez DPH. S obchodnými podmienkami sa môžete oboznámiť tu.

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