The statement forms are different, some instruments are classified differently, and the quantity of information required in appendices has increased.
Who are the intended course participants?
- Top management and finance directors of investment companies and funds.
- Employees of finance, planning, and treasury departments of investment companies and investment funds, or at their parent companies.
- Employees of accounting and controlling departments who participate in the preparation of financial statements.
- IAS 32: classification of issued instruments under financial liabilities or equity instruments.
- IFRS 9: overview of the IFRS and changes against current Decree No. 501/2002 Coll. – classification and measurement, impairment, hedge accounting.
- IFRS 9: business models, definitions, compliance with legislation.
- IFRS 9: measurement and impairment, fair value measurement (IFRS 13).
- Other IFRS and IAS relevant for investment funds and companies (e.g. IAS 27, IAS 28, IFRS 16, IAS 1).
- Examples of statement forms for accounting entities without capital under IFRS.
- Information disclosed in the financial statement related to financial instruments (IFRS 7).
- Reflection of the transfer to financial instruments disclosure under IFRS in the accounts.
- Tax effect of the transfer to financial instruments disclosure under IFRS.
- You will gain information on the application of new requirements on financial instruments reporting for investment companies and funds (including auditors’ approach).
- You will learn about the differences between current requirements and IFRS.
- You will familiarise yourselves with the scope of necessary changes in systems and processes in order to comply with IFRS requirements for financial instruments.