Course code: CSE-IIS - call 0845 071 2801
Overview
Course duration: 2 days.
This comprehensive course covers all the necessary aspects of IAS/IFRS and ensures delegates are confident in their implementation.
Is it right for me?
Designed for back office officers, credit, loan and risk managers, accountants, financial controllers and auditors.
What will I learn?
This two-day course enables delegates to:
- Get a good grasp of the differences between IFRS and UK GAAP accounting standards
- Understand credit and loans accounting within the IFRS standard
- Understand the implications in accounting information search and analysis
What will it cover?
Overview
- Introducing the new standards in Europe
- The IFRS scope in the UK
- New concepts
Key Concepts
- Costs of entry
- Time Interest Earned (TIE)
- Depreciated costs and air value
- Known and visible risks, hidden risks
- Individual and collective write-offs
Loans and Credits within the IAS/IFRS Framework
- Assessment and accounting processes: loan analysis, loan acceptance, funds release, repayment schedule, interests payment and extra fees, other events, additional information
- Embedded derivative instruments: identifying embedded derivatives, separate accounting, assessing impact on valuation and accounting
- Off-market operations: identification, discounting methods and accounting, amortisation
Risky and Suspicious Loans
- Individual loans: depreciation methods, write-off, forward-carry, restructured debt, collecting related additional information
- Quick look on collective loans
Financing Facilities, Credits and Other Financing
- Operations mechanics
- Analysis and accounting principles
- Off-market financing
Surety and Financial Guarantees
- Operations mechanics
- Analysis and accounting principles