Both IFRS and GAPSME contain provisions in relation to the accounting treatment of debt instruments including, amongst others, loans and bonds. The workshop shall explain how to decide whether amortised cost or other measurement methods need to be applied to financial instruments, under both IFRS and GAPSME. The underlying measurement principles shall also be discussed, via numerous examples.
The training course is specifically targeted to Auditors and Accountants.
It’s important for participants to have a basic understanding of double entry and accounting principles.
Friday 18th October 2019
13:45 – Registration
14:00 – 15:30 – Part 1
15:30 – 15:45 – Coffee Break
15:45 – 17:00 – Part 2
17:00 – 17:15 – Question time
3 core hours
The workshop will tackle the measurement of loans and bonds in a variety of scenarios, under GAPSME and IFRS 9. Overlapping situations across the different frameworks will not be tackled more than once:
- An introduction to financial instruments.
- Financial instruments and accounting frameworks applicable.
- Classification of financial instruments.
- Measurement of bonds.
- Measurement of loans.
- Measurement of changes in loan terms.
- Transition to IFRS 9.