The Impact of IFRS 9 on Credit Risk Management Training

IFRS 9 Framework and Scope

Core Financial Management, Banking, and Insurance competencies for this module.

• 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

Recognition, Initial Measurement, and Derecognition

Core Financial Management, Banking, and Insurance competencies for this module.

• Recognising financial assets and financial liabilities on the statement of financial position
• Initial fair value measurement and directly attributable transaction costs
• Analyze Regular-way purchases and sales of financial assets requirements, controls, documentation, and stakeholder responsibilities
• Derecognition tests for financial assets and financial liabilities
• Exercise: assess derecognition outcomes for transfers, factoring, and refinancing transactions

Financial Asset Classification

Core Financial Management, Banking, and Insurance competencies for this module.

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

Financial Liability Classification and Measurement

Core Financial Management, Banking, and Insurance competencies for this module.

• Define Amortised cost measurement for financial liabilities and explain how it informs the impact of ifrs 9 on credit risk management decisions within financial liability classification and measurement
• Fair value option and accounting for own credit risk
• Analyze Embedded derivatives and hybrid contracts requirements, controls, documentation, and stakeholder responsibilities
• Modifications, exchanges, and the 10 percent derecognition test
• Exercise: evaluate refinancing, modification, and fair value option scenarios

Expected Credit Loss Model

Core Financial Management, Banking, and Insurance competencies for this module.

• 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
• Practice 12-month ECL versus lifetime ECL measurement through a guided case exercise, peer review, and facilitator feedback
• Exercise: build an ECL staging decision tree for a loan portfolio

Measuring Expected Credit Losses

Core Financial Management, Banking, and Insurance competencies for this module.

• Probability of default, loss given default, and exposure at default inputs
• Apply Forward-looking macroeconomic information and scenario weighting techniques using current tools, templates, data sources, and worked examples
• Simplified approach for trade receivables, contract assets, and lease receivables
• Practice Credit-impaired assets, write-offs, collateral, and recoveries through a guided case exercise, peer review, and facilitator feedback
• Exercise: prepare an ECL calculation worksheet and management overlay memo

Hedge Accounting under IFRS 9

Core Financial Management, Banking, and Insurance competencies for this module.

• 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
• Practice Hedge effectiveness assessment, rebalancing, and discontinuation through a guided case exercise, peer review, and facilitator feedback
• Exercise: document a hedge relationship and assess whether it qualifies under IFRS 9

Presentation, Disclosure, and Implementation Controls

Core Financial Management, Banking, and Insurance competencies for this module.

• 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

How is The Impact of IFRS 9 on Credit Risk Management Training delivered?

The Impact of IFRS 9 on Credit Risk Management 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 The Impact of IFRS 9 on Credit Risk Management Training?

The published course investment is KES 112,000. Location-specific fees are shown where configured.

How long is The Impact of IFRS 9 on Credit Risk Management Training?

The Impact of IFRS 9 on Credit Risk Management Training runs for 5 Days unless a customized corporate schedule is agreed.

Do participants receive a certificate for The Impact of IFRS 9 on Credit Risk Management Training?

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

Where can I take The Impact of IFRS 9 on Credit Risk Management Training?

The Impact of IFRS 9 on Credit Risk Management Training is available in Nairobi, live online, and in-house corporate delivery by arrangement. Current dates are shown only where real sessions have been configured.

Who should attend The Impact of IFRS 9 on Credit Risk Management Training?

The Impact of IFRS 9 on Credit Risk Management 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 The Impact of IFRS 9 on Credit Risk Management Training?

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