International Financial Reporting Standards (IFRS 9) Training in Muscat, Oman

Module 1: IFRS 9 Framework and Scope

• Purpose, structure, and effective date of IFRS 9
• Financial instruments covered by IFRS 9 and key exclusions
• Relationship with IAS 32, IFRS 7, IFRS 13, and IFRS 18 presentation requirements
• Key differences between IFRS 9 and IAS 39
• Exercise: map an entity's instrument population to IFRS 9 scope requirements

Module 2: Recognition, Initial Measurement, and Derecognition

• Recognising financial assets and financial liabilities on the statement of financial position
• Initial fair value measurement and directly attributable transaction costs
• Translate Regular-way purchases and sales of financial assets requirements into governance artefacts, decision records, and operating controls
• Derecognition tests for financial assets and financial liabilities
• Exercise: assess derecognition outcomes for transfers, factoring, and refinancing transactions

Module 3: Financial Asset Classification

• Business model assessment for hold to collect, hold to collect and sell, and other models
• Contractual cash flow characteristics and the SPPI test
• Translate Amortised cost, FVOCI, and FVTPL classification outcomes requirements into governance artefacts, decision records, and operating controls
• Classification of equity instruments and irrevocable FVOCI elections
• Exercise: classify loans, bonds, trade receivables, and equity investments under IFRS 9

Module 4: Financial Liability Classification and Measurement

• Position Amortised cost measurement for financial liabilities within the strategic, regulatory, and institutional context of international financial reporting standards (ifrs 9)
• Fair value option and accounting for own credit risk
• Translate Embedded derivatives and hybrid contracts requirements into governance artefacts, decision records, and operating controls
• Modifications, exchanges, and the 10 percent derecognition test
• Exercise: evaluate refinancing, modification, and fair value option scenarios

Module 5: Expected Credit Loss Model

• Overview of the forward-looking expected credit loss approach
• Stage 1, Stage 2, and Stage 3 impairment classification
• Significant increase in credit risk and default definitions
• Interrogate 12-month ECL versus lifetime ECL measurement risks, assumptions, ethical concerns, and assurance evidence
• Exercise: build an ECL staging decision tree for a loan portfolio

Module 6: Measuring Expected Credit Losses

• Probability of default, loss given default, and exposure at default inputs
• Compare advanced Forward-looking macroeconomic information and scenario weighting approaches using evidence, benchmarks, and professional judgement
• Simplified approach for trade receivables, contract assets, and lease receivables
• Interrogate Credit-impaired assets, write-offs, collateral, and recoveries risks, assumptions, ethical concerns, and assurance evidence
• Exercise: prepare an ECL calculation worksheet and management overlay memo

Module 7: Hedge Accounting under IFRS 9

• Risk management objective and qualifying criteria for hedge accounting
• Fair value hedges, cash flow hedges, and net investment hedges
• Eligible hedged items, risk components, and hedging instruments
• Interrogate Hedge effectiveness assessment, rebalancing, and discontinuation risks, assumptions, ethical concerns, and assurance evidence
• Exercise: document a hedge relationship and assess whether it qualifies under IFRS 9

Module 8: Presentation, Disclosure, and Implementation Controls

• IFRS 7 disclosures linked to classification, measurement, impairment, and hedge accounting
• Financial statement presentation impacts and management reporting alignment
• Transition requirements, practical expedients, and comparative information
• Internal controls, model governance, and audit evidence for IFRS 9 reporting
• Exercise: create an IFRS 9 disclosure checklist and implementation action plan

Who should attend International Financial Reporting Standards (IFRS 9) Training training in Muscat?

This course is suitable for professionals, managers, technical teams, and organizational staff in Muscat, Oman who need practical skills in Financial Management, Banking, and Insurance.

Does EduCore Global Skills offer in-house delivery in Oman?

Yes. EduCore Global Skills can deliver International Financial Reporting Standards (IFRS 9) Training as a private in-house program for organizations in Muscat and across Oman, with content aligned to team goals.

Will participants receive a certificate?

Yes. Participants who complete the training receive an EduCore Global Skills certificate of completion or training, depending on the course structure.

Can the training be delivered virtually for participants in Muscat?

Yes. The course can be delivered virtually, in person, or through a blended format depending on participant and organizational requirements.

How is International Financial Reporting Standards (IFRS 9) Training delivered?

International Financial Reporting Standards (IFRS 9) Training is delivered through instructor-led classroom, live online, private in-house corporate training depending on the selected cohort or organizational arrangement.

What are the fees for International Financial Reporting Standards (IFRS 9) Training?

The published course investment is KES 80,000. Location-specific fees are shown where configured.

How long is International Financial Reporting Standards (IFRS 9) Training?

International Financial Reporting Standards (IFRS 9) Training runs for 5 Days unless a customized corporate schedule is agreed.

Do participants receive a certificate for International Financial Reporting Standards (IFRS 9) Training?

Participants who complete the course receive a Certificate of Completion from EduCore Global Skills.

Where can I take International Financial Reporting Standards (IFRS 9) Training?

International Financial Reporting Standards (IFRS 9) Training is available in Muscat, Oman. Current dates are shown only where real sessions have been configured.

Who should attend International Financial Reporting Standards (IFRS 9) Training?

International Financial Reporting Standards (IFRS 9) Training is designed for Banking risk teams, Credit risk professionals, Compliance teams, Finance teams, Model validation teams, Internal audit teams and organizations that need practical capability in Financial Management, Banking, and Insurance.

What are the prerequisites for International Financial Reporting Standards (IFRS 9) Training?

No mandatory prerequisite is required unless stated in the course outline. Practical workplace experience in the subject area is helpful.