Implementing IFRS 9 with lessons learned from IAS 39
The introduction of IAS represented a paradigm shift for accounting. Now, the introduction of IFRS 9 represents a new challenge. The requirements for classifying, valuing and hedging financial instruments will be revised. Depending on the way they were implemented, current IAS 39 solutions cannot be used further or only with major effort.
The webinar gives an overview of the new requirements and shows how your bank can benefit from IFRS 9 implementation with lessons learned during IAS 39 implementation.
Topics covered:
- How to learn from experiences made while implementing IAS 39
- Why is it beneficial to decide today on the implementation of IFRS 9?
- What does the introduction of new accounting categories mean?
- Which changes are planned for the calculation of the effective interest rate?
- Will the introduction of the “expected loss model” lead to a standardisation of finance and risk?
- Replacing IAS 39 through IFRS 9 in 3 phases: Schedule and functional requirements of each phase
- Added value through IFRS 9: MANAGE BUSINESS NOT SOFTWARE
