Webinar “IFRS 9 Financial Instruments”

On March 21 at 12.00 a webinar “IFRS 9 Financial Instruments” will take place.

The host of the webinar is Maria Plyusnina, senior manager of ADE Professional Solutions, partner of UCMS Group, a company with many years of experience in developing methodology and preparing financial statements in accordance with IFRS.

In our webinar, you will learn:

• what are the main changes in the order of classification and measurement of financial instruments;
• what is the expected credit loss recognition model;
• practical examples of calculating expected credit losses.

This webinar will be interesting for:

• financial directors;
• chief accountants;
• specialists in IFRS;
• specialists and heads of economic planning departments;
• specialists of the internal control (audit) department.

Why now?

Effective 1 January 2018, IFRS 9 Financial Instruments became mandatory. IFRS 9 changed the classification and measurement of financial instruments. Also among the innovations, accounting for the depreciation of financial assets holds a special place, since the concept of expected credit losses was introduced in IFRS for the first time. The new standard may significantly affect the financial position and financial performance of the company.

Due to the fact that many companies prepare financial statements under IFRS on an annual basis, it is now necessary to develop a methodology and calculate the effect of applying IFRS 9 on financial statements for 2018. We will discuss how to do this at the webinar.

After the webinar, you can ask questions online.

Registration for the webinar