IAS 32 – Presentation of financial instruments

Uvod

The course covers definitions in the area of financial instruments – financial assets, financial liabilities and equity instruments. The main focus is on explaining principles whether issuers of financial instruments treat them as financial liabilities, equity or compound instruments. This distinction is also important from investors’ perspective.  

The training describes principles for assessment of non-derivative instruments with a separate explanation of instruments convertible into shares of the issuer. Also, principles for presentation of derivatives settled with own shares are discussed. The course includes examples for accounting for equity instruments, compound instruments and derivatives settled with own shares. The presentation requirements are also explained in light of instruments commonly issued by banks.

Ciljna skupina

• At banks and other financial institutions mainly employees at following departments: accounting, reporting, risk management, treasury, ALM, back office, middle office, controlling, internal audit, financial analyses of IFRS statements of customers
• At non-financial companies mainly employees at following departments: accounting, reporting, risk management, controlling, internal audit
• Audit firms
• Supervisors and enforcers in the area of financial institutions accounting

Predavač

Raspored seminara

• Definitions of a financial instrument, financial asset, financial liability, equity instrument
• Explanation of the main principle – contractual obligation to deliver cash
• Special areas of the assessment – contingent settlement provisions, economic incentives, indirect obligations
• Decision tree for assessment of non-convertible instruments
• Decision tree for classification of instruments convertible into equity instruments of the issuer – conversion into fixed/variable amount
• Accounting for equity instruments from the perspective of the issuer
• Accounting for compound instruments from the perspective of the issuer
• Derivatives settled with own equity instruments (own shares) of the entity – decision tree, assessment of fixed amount vs fixed number, redemption obligation, examples
• Presentation requirements explained based on instruments commonly issued by banks – CET1, AT 1, Tier 2 and subordinated debts, senior non-preferred debt

After completing the training the participants will understand

• definitions in the are of financial instruments including split into debt instrument, equity instruments and derivatives
• principles for the distinction between financial liabilities (i.e. debt instruments) and equity instruments both from the issuer’s and holder’s perspective
• specific requirements for compound instruments containing both equity and liability components
• requirements for derivatives settled with own shares of the entity
• application of the presentation principles to the main types of instruments issued by banks

Potvrđujem svoj dolazak na seminar.

(Kao pretplatnik imate prisustvovanje na on-line seminaru besplatno.)