This course introduces the core IFRS standards governing financial instruments, focusing on classification, measurement, impairment, presentation, and disclosure requirements. Participants will develop a practical understanding of how to apply these standards to a variety of financial instrument scenarios using real-world examples and current developments.

• Professionals involved in the accounting, presentation, or disclosure of financial instruments. 

• Identify the classification categories for financial assets and financial liabilities under IFRS and determine the appropriate category for various instruments. 
• Assess whether an instrument or its components represent equity, a liability, or a derivative using IAS 32 principles. 
• Describe the initial and subsequent measurement models for financial assets and financial liabilities, including derecognition and offsetting considerations. 
• Apply the IFRS 9 expected credit loss impairment model and understand common areas that require significant judgment. 
• Explain the key presentation and disclosure requirements related to financial instruments, including those for derivatives, embedded derivatives, and hedge accounting. 

• Overview and scope of IFRS financial instrument standards. 
• Classification and reclassification of financial assets and liabilities. 
• Initial recognition, subsequent measurement, derecognition, and offsetting. 
• Impairment and the expected credit loss model. 
• Presentation and disclosure requirements under IFRS. 
• Derivatives, embedded derivatives, and hedging. 
• Current and emerging developments related to financial instruments.

Live webinars have varying levels of expected interaction, with some requiring microphone and camera capabilities to support a proper learning experience – please email pdreg@bccpa.ca if you have concerns. 

In general, we encourage participants to have their cameras turned on to enhance their virtual learning experience. This practice promotes a stronger connection with the instructor and fellow participants, and fosters improved communication and collaboration.

Live Webinar FAQs can be found here.  

Registration terms and conditions, including the cancellation policy can be found here. If you require further assistance, please contact the PD Department.