Why you should follow this course
IFRS 9 includes revised guidance on the
classification and measurement of financial assets.
The implementation of a business model approach and
the SPPI criterion may require judgment to ensure
that financial assets are classified into the
appropriate category. Deciding whether the SPPI
criterion is met will require assessment of contractual
provisions that do or may change the timing or amount of
contractual cashflow. This module was developed to assist
you in understanding the principal concepts of
classification and management and how these are to applied in practice.
Describe the criteria for classification of financial instruments.
Describe measurement bases for financial instruments.
Describe, at a high level, the impact of classification and
measurement requirement for companies in financial sector.