IFRS 9 Financial Instruments Impairment

slide: Welcome

Welcome
- Course introduction
Overview
- Overview
- Learning objectives
- How to navigate…
- Before you start...
- Background
- IFRS 9 impairment
- HomeZone group
- Welcome onboard
Session 1: Scope and the general approach
- Learning objectives
- First meeting with Lara and Peter
- First meeting with Lara and Peter (cont.)
- Learning session
  - Introduction
  - Scope of the IFRS 9 impairment requirements
  - The general approach to recognizing expected credit losses
  - The general approach to recognizing expected credit losses (cont.)
  - The general approach to recognizing expected credit losses (cont.)
  - Applying to loan commitments, financial guarantees, financial assets classified as at FVTOCI and modified financial assets
  - Increases and improvements in credit risk
- Review the scenario
  - Different types of instruments that HomeZone Banking holds
  - Different types of instruments that HomeZone Banking holds (cont.)
  - Different types of instruments that HomeZone Retail holds
  - Applying the general approach to recognition of expected credit losses
  - Applying the general approach to recognition of expected credit losses (cont.)
  - Presentation of the loss allowance and changes in the loss allowance
  - Presentation of the loss allowance and changes in the loss allowance (cont.)
  - Applying the general approach to loan commitments
  - Applying the general approach to loan commitments (cont.)
  - Applying the general approach to financial assets classified as at FVTOCI
  - Applying the general approach to financial assets classified as at FVTOCI (cont.)
  - Modified financial assets
  - Modified financial assets (cont.)
  - Summary
Session 2: Significant increases in credit risk
- Learning objectives
- Another day, another meeting with Lara and Peter
- Another day, another meeting with Lara and Peter (cont.)
- Learning session
  - Introduction
  - Significant increases in credit risk
  - Objective evidence of credit impairment
  - The basic concept of significant increases in credit risk
  - Timing of recognizing lifetime expected credit losses
  - Applying the general approach on a collective or individual basis
  - Indicators of a change in credit risk
- Review the secnario
  - Assessing the increases in credit risk on an individual or collective basis
  - Assessing the increases in credit risk on an individual or collective basis (Cont.)
  - Expected life and probability of default occurring
  - Expected life and probability of default occurring (cont.)
  - 30 days past due and the timing of recognizing lifetime expected credit losses
  - 30 days past due and the timing of recognizing lifetime expected credit losses (cont.)
  - Increases in credit risk and counterparty assessments
  - Increases in credit risk and counterparty assessments (cont.)
  - Objective evidence that a financial asset is credit-impaired
  - Summary
  - Summary (cont.)
Session 3: Simplifications and exception to the general approach
- Learning objectives
- Continuing the workshop with Lara and Peter…
- Continuing the workshop with Lara and Peter… (cont.)
- Learning session
  - Introduction
  - Financial assets with low credit risk
  - Financial assets with low credit risk (cont.)
  - Trade receivables and contract assets without a significant financing component
  - Trade receivables and contract assets without a significant financing component (cont.)
  - Trade receivables and contract assets with a significant financing component and lease receivables
  - Trade receivables and contract assets with a significant financing component and lease receivables (cont.)
  - Purchased or originated credit-impaired financial assets
  - Purchased or originated credit-impaired financial assets (cont.)
  - Purchased or originated credit-impaired financial assets (cont.)
- Review the scenario
  - Low credit risk
  - Low credit risk (cont.)
  - 60-day trade receivables
  - 60-day trade receivables (cont.)
  - Purchased credit-impaired financial assets
  - Purchased credit-impaired financial assets (cont.)
  - Summary
Session 4: Measurement of expected credit losses
- Learning objectives
- The last item on the agenda…
- The last item on the agenda… (cont.)
- Learning session
  - Introduction
  - Measuring expected credit losses
  - Principles for measuring expected credit losses
  - Reasonable and supportable information
  - Time value of money
  - Probability-weighted outcome
  - Period over which expected credit losses are measured
- Review the scenario
  - Measuring expected credit losses
  - Measuring expected credit losses (cont.)
  - Probability-weighted outcome
  - Probability-weighted outcome (cont.)
  - Time value of money
  - Period over which expected credit losses should be measured
  - Period over which expected credit losses should be measured
  - Summary
Assessment
- Instructions
- Disclaimer

IFRS 9 Financial Instruments Impairment

Terms

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Welcome