THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA
(Established under the Accountant Act, Laws of Kenya)
IFRS 9 – Financial Instruments
Theme: End of Year Closure Considerations
Date: 1st December 2020
Time: 16:00 to 18:00 hours
Charges: 1000
CPD Units: 1
Where: Online
OVERVIEW
IFRS 9 Financial Instruments is a standard which came into effect on 1st January 2018. Three years down the line, complexities abound in the implementation of the standard. This has further been compounded by the Covid-19 pandemic which has left in disarray some of the best efforts put into the adoption of the standard.
Both the financial services and the non-financial services sectors have had to grapple with the challenges brought about by the COVID-19 pandemic regarding the appropriate accounting treatment of the financial instruments, impact on financial reporting and resultant disclosures requirements on the same.
To help address the questions around the end of year closure considerations in view of the impact of the pandemic and other emerging developments related to IFRS 9, the Institute has organized this virtual session to address this critical topic as the reporting cycle draws closer to the end.
To guide the discussion during the webinar, the following areas will form the focus of this very important virtual event.
- Impact of COVID-19 on IFRS 9 Financial Instruments
- Effect on IFRS 9 expected credit loss models
- Disclosure considerations
Continuous Professional Development Units (CPD Units):
Members of ICPAK and those from reciprocating professional bodies will be awarded 1 CPD Units upon successfully attending the Webinar.
Target Audience:
Chief Finance Officers, Finance Directors and Managers, Private and Public Audit Practitioners, Public Sector Accountants, Transaction Advisors, Engagement Partners and Key Audit staff, Banking, Financial services sector Accountants, Internal Auditors, Tax Practitioners, Professionals working in Government and private sectors, Accountants in Academia.
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).
CONTACT
Further requests can be channeled to us via email to jackline.kihuga@icpak.com with a copy to memberservices@icpak.com or telephone call on +254 719 074100. We encourage delegates to regularly visit our website www.icpak.com for updates.
