IFRS 9 in detail – impairment

The new method of calculating and reporting financial asset impairment (financial assets such as loans, receivables, securities, etc.) is the most significant change introduced by IFRS 9. Impairment constitutes a challenge for accounting departments as well as for risk management and IT, which will have to adjust systems and monitored data.

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I am interested in attending the training
Course fee: 6 000,- CZK ex. VAT

Who are the intended participants?

  • Managers of finance, planning and controlling departments of financial or non-financial institutions.
  • Employees of accounting or controlling departments engaged in the preparation of financial statements in accordance with IFRS.
  • Employees of risk management departments engaged in the calculation of impairment (risk part, data part).
  • Employees responsible for the preparation and analysis of financial plans and reports.


  • A new expected loss model under IFRS 9.
  • A basic analysis of the impact of the new approach to impairment calculation on the balance sheet and income statement.
  • Requirements on data, systems and processes to obtain information necessary to determine impairment.
  • Practical problems during the calculation of impairment relating to various portfolios (loans, securities, receivables).
  • Differences between the expected loss model under IFRS 9 and the IRB approach.


During the course, you will:

  • Become familiar with the impact of the expected loss model on the results reported by organisations.
  • Obtain practical knowledge for the calculation of impairment of various types of assets under IFRS 9.
  • Become aware of the scope of necessary changes to data requirements, systems and processes for proper operations under the new standard.
  • Be able to identify weaknesses in your organisation that may obstruct effective transition to IFRS 9.