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AASB 9: Financial Instruments Workshop: A step to better Treasury Operations Management

14/05/2018 -9:15 am - 15/05/2018 -4:30 pm

Understanding and implementing AASB 9 can be a complex task. Developing a deep understanding in isolation, without formal training or participation in learning forums with like-minded Treasury accounting professionals, can be very challenging. For this reason, Deloitte has developed a comprehensive 2-day AASB 9 Financial Instruments Workshop covering all aspects of the standard from Classification & Measurement including Impairment through to Hedge Accounting.

TIMINGS 
9.15am Registration
9.30am Event commences 
4.30pm Event concludes 
Lunch & refreshments included

WORKSHOP OVERVIEW

This workshop explores the following areas:

  • Classification and Measurement
  • Impairment
  • Hedge Accounting – Fundamentals
  • Hedge Accounting – Advanced
    • Time Value
    • Foreign Currency Basis Spread
    • Aggregated Exposures
    • Net Positions
    • Discontinuation
    • Rebalancing
  • Hedge Effectiveness – implications of AASB 13 Fair Value Measurement, in particular consideration of credit risk adjustments
  • Transition
  • Disclosures

The Workshop will limit the number of participants to maximise the learning benefits by fostering interaction and discussion.  In addition, the session will include Case Studies to enhance the understanding process.

BENEFITS

Participants will leave the Workshop with an extensive knowledge of the standard. Whilst not every element of the standard is necessarily analysed in detail, participants will develop deep knowledge of the scope and the main considerations that need to be worked through in developing accounting outcomes across classification and measurement, impairment and hedge accounting.  Based on our experience, the necessary detail for the more common yet complex aspects are included and supported by case studies and examples.

Experiential learning undertaken in the workplace can take significant time. If conducted in isolation of professionals specialising in the area who are exposed to daily testing of accounting considerations in various real-life scenarios, there is an increased risk that accounting outcomes may not occur as expected, or that options to simply and improve financial reporting remain unrecognised. Interpretation and knowledge of commonly applied or accepted approaches brought to the workshop by AASB 9 specialists mitigates this risk and brings to participants a broad range of applied experiences.

PARTICIPANTS 

We expect that such a training course will provide the tools for:

  • Accountants to approach classification of financial instruments and designation of hedge relationships with confidence, including an understanding of the expected accounting treatment
  • Accountants and Back Office staff to analyse and apply the complex impairment and hedge accounting provisions of the accounting standards in their everyday workflow

Treasury and Front office staff to gain awareness and appreciation of the hedge accounting implications of transactions dealt (increased ownership) and wider Financial Reporting requirements including measurement bases.

PRESENTERS 
Henri Venter, Director – National Accounting Technical
Henri has a technical accounting background focusing on financial instruments. Henri has worked in the technical accounting functions of both Deloitte United Kingdom (London) and Deloitte Australia. Prior to joining Deloitte, Henri was part of the technical team at the International Accounting Standards Board (IASB) that developed IFRS 9.

Michael Davis, Principal – Treasury & Capital Markets, Assurance and Advisory
Michael provides a national and centralised support role for Deloitte’s Assurance and Advisory Practice when it comes to auditing of and accounting for financial instruments. Michael has significant and varied exposure to financial instrument accounting challenges, practices and solutions and is well placed to interpret technical accounting requirements in the context of practical business scenarios.

ATTENDEE PRICES

Member Rate – $1670 (ex GST) – CLICK HERE 

Non-Member – $1,820 (ex GST) – CLICK HERE

 

Details

Start:
14/05/2018 -9:15 am
End:
15/05/2018 -4:30 pm
Event Category:

Venue

Deloitte Melbourne Level 10
Level 10 - 550 Bourke Street
Melbourne, Victoria 3000 Australia
+ Google Map

Details

Start:
14/05/2018 -9:15 am
End:
15/05/2018 -4:30 pm
Event Category:

Venue

Deloitte Melbourne Level 10
Level 10 - 550 Bourke Street
Melbourne, Victoria 3000 Australia
+ Google Map