IFRS - Financial Instruments (On-Demand - CPA PRO)
Overview
This course is designed to teach participants the main provisions of the IASB standards over financial instruments and provide participants with the necessary knowledge to apply those standards to their own financial instrument fact situations.
Access expires 180 days from purchase date |
Course Description
IFRS 9 will form a significant component of the course as it contains the guidance over financial instrument classification, measurement and impairment and their timing of recognition. We will cover many provisions of IFRS 9 that can be difficult to apply and/or require significant judgment.
The course will also cover IFRS 7 disclosure provisions which are meant to show the nature and significance of a company’s financial instrument holdings and their performance, but also their associated risks and how the company manages those risks.
This course will assist participants by providing them with the practical knowledge to understand the concepts and provisions of these financial instruments standards and how to apply them to their portfolio of financial instruments. These standards apply to all companies and they often require certain planning, systems and processes to apply them effectively. The course will cover real-world examples and case studies and will also cover recent standard developments associated with financial instruments.
Applicable for
Learning Objectives
- Describe the three classification categories for financial assets and related criteria;
- Assess the key factors to consider whether an instrument or its components represent an equity or liability instrument (or derivative) and common areas where this assessment occurs
- Describe the subsequent measurement models of financial assets and liabilities
- Describe the key concepts, elections and application of the IFRS 9 expected credit loss impairment model
- Describe the presentation and disclosure requirements Describe the hedge accounting model under IFRS 9 and how to identify certain derivative and embedded derivatives
Content
- overview and scope
- classification, reclassification and presentation
- initial recognition, subsequent measurement, de-recognition and offsetting
- impairment
- disclosures
- future developments
- derivatives and embedded derivatives
- hedging
Course Content Created: October 2025
The information is current as of the creation or last updated date. While we strive to keep our inventory updated and periodically remove outdated titles, changes in accounting, tax, legislation and technology may occur. Purchasers should note the date and verify for themselves if the course is still relevant to their needs.Presenter
Martha Thomas, CPA, CA, CIAAbout This Product
On-Demand Courses by CPA PRO are either video recordings from live seminars, or video recordings produced specifically for the on-demand audience. Slides and any corresponding handout materials are included where available.These titles are eligible for Verifiable CPD Hours – in order to claim these hours as verifiable, you will be required to successfully complete a short quiz. You will be able to print or save your electronic certificate of completion.
Note that some courses comprise both formal instruction and self-directed exercises. In such cases, participants must complete both components to claim full CPD hours, or must reduce their reported CPD hours accordingly.
Please note that not all on-demand courses include downloadable materials such as course notes or slides.
How to get started
Upon completion of purchase, go to mylms.bccpa.ca and log in using your CPABC Online Services credentials. Click “Go to your Courses and Materials” to go to your Learning Center, then find and click on your course title.
Course Dates & Registration
- 7
- CPD Hours
- 0
- Ethics Hours
- 0
- AML Hours
- 10
- Credits
Starting April 1, 2026, a 2.1% fee will be applied to all credit card transactions. Learn more about this fee and how it relates to PD registrations.
IFRS - Financial Instruments (On-Demand - CPA PRO)
- 7
- CPD Hours
- 0
- Ethics Hours
- 0
- AML Hours
- 10
- Credits
Overview
This course is designed to teach participants the main provisions of the IASB standards over financial instruments and provide participants with the necessary knowledge to apply those standards to their own financial instrument fact situations.
Access expires 180 days from purchase date |
Course Description
IFRS 9 will form a significant component of the course as it contains the guidance over financial instrument classification, measurement and impairment and their timing of recognition. We will cover many provisions of IFRS 9 that can be difficult to apply and/or require significant judgment.
The course will also cover IFRS 7 disclosure provisions which are meant to show the nature and significance of a company’s financial instrument holdings and their performance, but also their associated risks and how the company manages those risks.
This course will assist participants by providing them with the practical knowledge to understand the concepts and provisions of these financial instruments standards and how to apply them to their portfolio of financial instruments. These standards apply to all companies and they often require certain planning, systems and processes to apply them effectively. The course will cover real-world examples and case studies and will also cover recent standard developments associated with financial instruments.
Applicable for
Learning Objectives
- Describe the three classification categories for financial assets and related criteria;
- Assess the key factors to consider whether an instrument or its components represent an equity or liability instrument (or derivative) and common areas where this assessment occurs
- Describe the subsequent measurement models of financial assets and liabilities
- Describe the key concepts, elections and application of the IFRS 9 expected credit loss impairment model
- Describe the presentation and disclosure requirements Describe the hedge accounting model under IFRS 9 and how to identify certain derivative and embedded derivatives
Content
- overview and scope
- classification, reclassification and presentation
- initial recognition, subsequent measurement, de-recognition and offsetting
- impairment
- disclosures
- future developments
- derivatives and embedded derivatives
- hedging
Course Content Created: October 2025
The information is current as of the creation or last updated date. While we strive to keep our inventory updated and periodically remove outdated titles, changes in accounting, tax, legislation and technology may occur. Purchasers should note the date and verify for themselves if the course is still relevant to their needs.Presenter
Martha Thomas, CPA, CA, CIAAbout This Product
On-Demand Courses by CPA PRO are either video recordings from live seminars, or video recordings produced specifically for the on-demand audience. Slides and any corresponding handout materials are included where available.These titles are eligible for Verifiable CPD Hours – in order to claim these hours as verifiable, you will be required to successfully complete a short quiz. You will be able to print or save your electronic certificate of completion.
Note that some courses comprise both formal instruction and self-directed exercises. In such cases, participants must complete both components to claim full CPD hours, or must reduce their reported CPD hours accordingly.
Please note that not all on-demand courses include downloadable materials such as course notes or slides.
How to get started
Upon completion of purchase, go to mylms.bccpa.ca and log in using your CPABC Online Services credentials. Click “Go to your Courses and Materials” to go to your Learning Center, then find and click on your course title.
Course Dates & Registration
Starting April 1, 2026, a 2.1% fee will be applied to all credit card transactions. Learn more about this fee and how it relates to PD registrations.