IFRS 9 – Financial Instruments webinar

INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountants Act, Laws of Kenya)

IFRS 9 – Financial Instruments
Date: 14th  April 2026
Time: 04.00pm-06.00pm
Venue: Virtual Delivery

Overview

IFRS 9 Financial Instruments represents one of the most significant changes in financial reporting standards, as it replaced IAS 39 and introduced a forward-looking, principles-based framework for classification, measurement, impairment, and hedge accounting. Since its adoption, many organizations continue to face challenges implementing its requirements particularly in the areas of expected credit loss (ECL) modeling, financial asset classification, and disclosures.

Given the dynamic economic environment, evolving regulatory expectations, and increased emphasis on credit risk management, it is essential for finance professionals, auditors, regulators, and risk managers to deepen their understanding of IFRS 9 and its practical application. This webinar is designed to address these needs.

1. Overview of IFRS 9 Framework

• Scope and definitions
• Comparison with IAS 39

2. Classification and Measurement

• Business model assessment
• SPPI (Solely Payments of Principal and Interest) test
• Fair value vs amortized cost measurement

3. Impairment under IFRS 9

• Expected Credit Loss (ECL) model
• Three-stage approach
• Quantitative and qualitative indicators for SICR
• Forward-looking information and macroeconomic overlays

4. Hedge Accounting Requirements

• Types of hedging relationships
• Eligibility and documentation

5. Disclosure Requirements

• Enhanced risk disclosures
• Credit risk and liquidity risk reporting

6. Implementation Challenges and Case Studies

• Data limitations
• Modelling complexities
• Regulatory considerations
• Best practices and lessons learned

TARGET AUDIENCE

This webinar will be useful to professionals in the finance and accounting sectors with bias on preparation of financial statements specifically:

1. Accountants and financial reporting professionals
2. Auditors and assurance teams

• Chief Finance Officers (CFOs) and finance managers

1. Academics and students in accounting and finance
2. Anyone involved in preparing, analyzing, or auditing group financial statements

CPD UNITS

Members of ICPAK and reciprocating professional bodies will be awarded 2 Structured CPD Units upon successful completion of the Webinar.

YOUR FINANCIAL COMMITMENT

Charges for the training will be Kes 1,000/= which will cover workshop fees, materials, and e-certificates of attendance.

ONLINE BOOKING:
We call on Seminar participants to note that booking for is available only online at www.icpak.com/events. Delegates are reminded to note that online booking for training sessions is mandatory.

 NITA REIMBURSEMENT:
The Institute is registered as a trainer with National Industrial Training Authority. The Institute’s registration number is DIT/TRN/47. Participants who are registered levy contributors should apply to NITA for reimbursement of their fees. Please note that this is applicable for Kenyan citizens only and subject to NITA regulations. Remember that to qualify you should apply to NITA for approval prior to the date of the conference. Further details can be obtained from their website (www.nita.go.ke)

Further requests can be channeled to us via telephone calls on +254 719 074 000, (+254) 733 856262 or via email to marketing@icpak.com.

We encourage members to regularly visit our website https://www.icpak.com for updates.