Program Brief

This program mainly reviews the IFRS 9 in terms of classification, measurement and accounting treatment of financial assets and liabilities. In addition to the methodology of financial assets impairment as a result of the risks they are exposed to, the expected credit losses and the formation of provisions, as well as hedging tools and accounting treatment

Program Topic
  • Accounting and Finance
Program Goals

At the end of the training program, the participant should be able to:

  • Understanding the requirements of financial assets and liabilities rrecognition calcification and measurement as per the IFRS9
  • Determining the financial assets risks, the methodology for measuring expected credit losses and the formation of an impairment provision in according to the requirements of IFRS9
  • Understanding the hedging tools for financial assets risks, their measurement, classification, and accounting treatment
Program Agenda
Module 1: Introduction in Internal Audit
  • 1 The standard issuing

    • 2 Why was this standard issued?

      • 3 The deference’s between IFRS 9 and IAS 39

        Module 2: Risk Management
        • 1 Financial assets and financial instrument

          • 2 Financial asset first recognition

            • 3 Business model

              • 4 Financial assets calcification:

                • Financial assets measured at a Mortised Cost

                  • assets measured at Fair Value through profit

                    • Financial assets measured at Fair Value through other comprehensive income

                    • 5 Practical cases

                      Module 3: Financial Liabilities
                      • 1 The financial liability

                        • 2 Financial liabilities first recognition

                          • 3 Financial liabilities calcification:

                            • Financial Liabilities Measured at Fair Value through profit

                              • Financial Liabilities Measured at a Mortised Cost

                              • 4 Practical cases

                                Module 4: Financial Assets Impairment
                                • 1 The scope

                                  • 2 General approach

                                    • 3 Significant increase in credit risk

                                      • 4 Basis for estimating expected credit losses ECL

                                        Module 5: Hedge Accounting
                                        • 1 Qualifying criteria for hedge accounting

                                          • 2 Hedged items

                                            • 3 Types of hedging relationships:

                                              • Fair value hedge

                                                • Cash flow hedge

                                                  • Hedge of a net investment in a foreign operation

                                                  • 4 Hedge effectiveness requirements

                                                    • 5 Time value of options

                                                      • 6 Credit exposures designated at FVTPL

                                                        • 7 Hedging instruments (derivatives)

                                                          • 8 Practical cases

                                                            Program Requirements
                                                            • Basic Knowledge in Finance & Accounting

                                                            Basic Knowledge in Finance & Accounting

                                                            Program Path

                                                            Names of the training programs that are integrated (enriched) with the training program:

                                                            • Not Available

                                                            Names of the training programs that after the training program:

                                                            • Not Available
                                                            Program Method
                                                            • Lecture
                                                            • Practical Implementation
                                                            • Dialogue Teams
                                                            • Role-play
                                                            Evaluation Method
                                                            • Pre Exam
                                                            • Post Exam
                                                            • Discussion Panel
                                                            Training Type
                                                            • In Class Training
                                                            • Online Training

                                                            Add Comment

                                                            CAPTCHA

                                                            Realted Program

                                                            Property Insurance

                                                            Providing the participant, the technical knowledge of property insurance to all the people working in the Property insurance department in the insurance company. During this tailor-made course in property insurance, the candidates will be given a detailed overview of different types of property insurance (Fire and allied perils and All Risk), Business Interruption, and the related reinsurance function.

                                                            Details

                                                            CMA Advanced Qualification Examination in AML/CTF

                                                            This training program is to provide participants with knowledge and skills necessary to pass the Advanced Qualification Exam in AML/CTF, presented by the CMA and TFA. The exam is designed for CMA-licensed compliance and AML officers. This program is tailored to familiarize participants with AMC/CTF international and KSA efforts, as well as the National AML Framework. It also provides participants with key AML/CTF skills, identifies Customer Due Diligence and suspicious activities reporting.

                                                            Details

                                                            Venture Capital: Funding and Investment Strategies

                                                            In today’s dynamic and ever-evolving business landscape, the ability to secure funding and make strategic investment decisions is essential for both startups and established companies looking to scale and innovate. This course is designed to provide you with a comprehensive understanding of the world of venture capital, equipping you with the knowledge and skills to navigate this complex field. During the training program, participant will delve into the intricacies of venture capital financing, explore the strategies employed by successful investors, and gain valuable insights into the mindsets of entrepreneurs seeking funding.

                                                            Details

                                                            Microsoft Excel- Basic Level

                                                            With the huge amount of data that must be handled and analyzed every day, it is imperative that you learn how to use a flexible tool to handle equations and statistics professionally, and Microsoft Excel is the most popular tool for doing so. This training program is designed to provide participants with the knowledge and skills needed to organize, analyze and present data, by learning how to perform calculations, use functions, and manage workbooks efficiently and effectively.

                                                            Details

                                                            Credit Analysis and Decision-Making Mechanisms

                                                            Choosing the right credit decision is the first line of defense for preserving lenders' capital, protecting creditors, and maximizing profitability for the bank. In this program, the participant gets familiar with the stages of credit decision-making according to the approved credit policy, the latest strategies for analyzing and calculating credit risks, local and international controls and standards, to be able to make a correct and successful credit decision that controls the expected risks.

                                                            Details

                                                            CMA Advance Qualification Examination in Compliance

                                                            This training program is to provide participants with knowledge and skills necessary to pass the Advanced Qualification Exam in Compliance, presented by the CMA and TFA. The exam is tailored for CMA-licensed compliance and AML officers. This program is designed to familiarize participants with the regulatory environment for financial services as well as local and international regulations, as well as to promote compliance & governance culture, understanding of risks, and shows how to establish an effective compliance function, in addition to identifying key skills in combating main financial crimes.

                                                            Details

                                                            Fundamentals of Internal Auditing

                                                            The internal audit contributes to verifying that the establishment is committed to implementing the internal control systems represented by the policies and procedures established by the management; in order to protecting the assets of the facility and ensuring that it achieves its operational objectives. This program provides participants with the fundamental requirements of internal auditing, starting with the modern concept of internal audit, then standards and procedures for carrying out audit tasks, preparing the plan, designing worksheets, selecting samples, collecting evidences and documentation, and then preparing internal audit reports.

                                                            Details

                                                            Risk Based Internal Audit Preparation Plan

                                                            This program provides participants with the best practices and tools for Risk Based Audit planning aligned with the organization's strategic objectives. Participants will be exposed to international best practices for internal control systems assessment. In addition, this program will enable participants to prepare internal audit reports according to related international standards to improve the effectiveness of the control operations.

                                                            Details

                                                            Microsoft Excel- Advanced Level

                                                            One of the basic skills needed to carry out daily tasks professionally is the ability to use Microsoft Excel to manage and create equations and statistics. This training program is designed to provide participants with the knowledge and skills necessary to use advanced technologies in Excel efficiently and effectively.

                                                            Details

                                                            IPO Masterclass for Professionals

                                                            A company's IPO is one of the biggest strategic decisions it can make during its financial lifespan and is considered the best way to raise capital and expand in the future. Due to the rapid growth of the financial markets، private companies were able to obtain liquidity، expand their shareholder base، and introduce radical structural and operational changes through public offerings. This training program aims to prepare participants with the knowledge، skills، and tools necessary to originate & execute IPOs. This training program aims to prepare participants with the knowledge، skills، and tools necessary to originate & execute IPOs.

                                                            Details

                                                            Risk Based Internal Audit Plan Execution and Reporting

                                                            This program provides participants with the best professional practices for audit engagement planning and execution in an efficient and effective manner where the participants will be exposed to modern audit’s engagement planning and execution tools that are integrated with risk-based audit planning as well as how to utilize technology the enhance the audit activities. Also, the participants will learn about assurance reports, their types, and characteristics while focusing on preparation of internal audit reports in accordance with the international standards and how to perform follow-up activities to ensure the highest value added for organizations and their strategic objectives.

                                                            Details

                                                            Portfolio Management

                                                            Investment opportunities in the financial markets allow you to choose between the shares of many companies listed in the financial markets, and they are usually exposed to different levels of risk and varying levels of returns. Given that the investment options available to the investor are many and different and may reach dozens of stocks and investment funds; This program has been designed to build and manage investment portfolios in line with the types and requirements of investors in the financial market according to the different models for managing the risks related to them to achieve the targeted returns for investors.

                                                            Details

                                                            Strategies for Optimizing Capital Structure and Maximizing Shareholder Value

                                                            In contemporary corporate and project finance the optimisation of entities’ capital structures is a critical process in financial risk management as well as in maximising investor value. Firms’ target capital structure can potentially comprise funding from a number of sources across equity, sukuk, conventional debt including bonds, and in some instances, mezzanine finance in the form of preferred shares and subordinated debt. The capital optimisation process is complex: in addition to its basis in comprehensive capital budgeting assessment of current and expected future availability of appropriate financing in the required form (and acceptable pricing) is required to sustainably support the pursuit of new business opportunities, as well as maintaining existing capital assets, through the cycle. This comprehensive, applied programme covers the key issues and considerations in capital structuring and – via a number of case studies – examines the specific challenges across different sectors and project finance types as well as the dynamic nature of entities’ funding requirements as they evolve.

                                                            Details

                                                            Anti-Money Laundering and Terrorist Financing- Advanced Level

                                                            Fighting money laundering and terrorist financing is a priority for the international community; since these financial crimes threaten the integrity and stability of the financial system and the economy in general, they can also affect the integrity and stability of financial institutions, discourage foreign investment, and distort international flows. As a result, the affected country experiences dire financial instability and poor economic performance. This program deeply explains AML & CTF standards and respective risk management in financial institutions. The program also explains pertinent local and international legislations and leading practices, as well as, the preparation and implementation of ML and TF risk-based programs, including “Know Your Customer” and “Customer Due Diligence” requirements.

                                                            Details
                                                            We value your feedback

                                                            Dear visitor, we hope that you will participate in improving and developing the services provided by the academy on the website.

                                                            Was it easy to find what you were looking for on the Academy's website?
                                                            Was the information presented on the Academy’s website sufficient and useful?
                                                            Please share with us your suggestions for developing the website
                                                            Thank you!