In a major project to replace IAS 39 in its entirety by the end of 2010, the International Accounting Standards Board issued International Financial Reporting Standard (IFRS) 9 on November 2009. IFRS 9 incorporates Phase 1 of the financial instruments’ project to replace the classification and measurement requirements on financial assets in IAS 39 Financial Instruments: Recognition and Measurement. The new standard will have major implications for reporting entities, auditors, analysts and investors when adopted

The objective of the workshop is to provide a detailed walk-through of the requirements in IFRS 9 Financial Instruments, the key decisions required and options allowed in IFRS 9, interactions and comparisons with IAS 39 and an explanation of the underlying motivations and rationale of the requirements in IFRS 9.

All members are encouraged to attend this workshop to acquire a good understanding on this subject matter and its implications to your work and company.

Topics Covered Include

Objective and scope of IFRS 9 Decision flowcharts Classification under IFRS 9 Measurement requirements Comparisons with IAS 39 Highlights of the work-in-progress in the financial instruments’ project

Workshop Leader
Dr Pearl Tan has extensive experience in teaching advanced financial accounting in Singapore Management University and previously in Nanyang Technological University. Dr Tan has also co-written a book Advanced Financial Accounting: an IAS and IFRS Approach that deals with complex accounting standards. Prior to academia, she has had many years of auditing experience in an international accounting firm. Presently, Dr Tan sits on the Accounting Standards Committee of the Institute of Certified Public Accountants of Singapore.