Financial instruments can range from relatively low-value, everyday items such as cash and receivables to complex arrangements worth millions or even billions. Accounting for them can be challenging because the requirements are extensive, while the interaction between different standards adds another layer of complexity. Accountants need to understand how financial instruments should be recognised, measured, presented and disclosed, as well as the risks and judgements that can affect financial reporting.

This course brings together the key IFRS Accounting Standards for financial instruments. It explores IFRS 9: Financial Instruments, including recognition and derecognition, classification and measurement, and the forward-looking Expected Credit Loss model. It also covers the presentation requirements of IAS 32, including liabilities, equity instruments, compound financial instruments and offsetting, alongside the disclosure requirements of IFRS 7 and their role in communicating financial position, performance and risk. Finally, the course examines hedge accounting, including the remaining requirements in IAS 39 and their relationship with IFRS 9.

You’ll come away with a clearer understanding of how these interconnected standards apply in practice and where particular care and judgement may be required. Build the confidence to apply the requirements accurately and support transparent, compliant financial reporting.