Purchase Course

IFRS Derivatives and Embedded Derivatives - IFRS 9   

1

Total CPE
Tuition
$125.00
Approximate Length
01:15:00
Course Number
21-WB-466A
1

Total CPE
Tuition
$125.00
Approximate Length
01:15:00
Course Number
21-WB-466A

Course Details

This course provides an introduction to derivatives and embedded derivatives in accordance with IFRS 9 Financial Instruments.

By the end of this course, participants should be able to:

  • identify the objectives and scope of IFRS 9 as they relate to derivatives and embedded derivatives
  • identify a derivative and how to account for it
  • identify whether a contract to buy or sell a nonfinancial item should be accounted for as a derivative
  • identify an embedded derivative
  • determine whether an embedded derivative should be separated from the host contract and the related accounting treatment
  • identify when reassessment of an embedded derivative is required
  • apply IFRS 9 in specific situations to identify derivatives and embedded derivatives
  • determine whether to account for certain contracts as derivatives
  • determine whether to separate the embedded derivatives and related accounting.

Note: This course references data and sources that were available at the time of development. Please visit the Financial Reporting View website for the most up-to-date guidance and insights.

Keywords: Derivatives and Embedded Derivatives, IFRS 9, Accounting

Other Details

Special Notice/Instruction: CPE credits will be awarded upon successful completion of the content and passing the exam with a grade of 70 or higher. In accordance with NASBA requirements, you must complete and pass the exam within one year of your enrollment in the program.

NASBA Delivery Type: Self-Study

Advance Preparation: There is no advance preparation for this course.


Level of Knowledge: Basic
Field of Study: Accounting - 1
Delivery Method: Web Based Self Study

This course provides an introduction to derivatives and embedded derivatives in accordance with IFRS 9 Financial Instruments.

By the end of this course, participants should be able to:

  • identify the objectives and scope of IFRS 9 as they relate to derivatives and embedded derivatives
  • identify a derivative and how to account for it
  • identify whether a contract to buy or sell a nonfinancial item should be accounted for as a derivative
  • identify an embedded derivative
  • determine whether an embedded derivative should be separated from the host contract and the related accounting treatment
  • identify when reassessment of an embedded derivative is required
  • apply IFRS 9 in specific situations to identify derivatives and embedded derivatives
  • determine whether to account for certain contracts as derivatives
  • determine whether to separate the embedded derivatives and related accounting.

Note: This course references data and sources that were available at the time of development. Please visit the Financial Reporting View website for the most up-to-date guidance and insights.

Keywords: Derivatives and Embedded Derivatives, IFRS 9, Accounting

Special Notice/Instruction: CPE credits will be awarded upon successful completion of the content and passing the exam with a grade of 70 or higher. In accordance with NASBA requirements, you must complete and pass the exam within one year of your enrollment in the program.

NASBA Delivery Type: Self-Study

Advance Preparation: There is no advance preparation for this course.


Level of Knowledge: Basic
Field of Study: Accounting - 1
Delivery Method: Web Based Self Study
Purchase Course