This training course is intended as a detailed workshop for participants who are already familiar with the basics of accounting for investment activities, and who need to deepen and reinforce their understanding of this particularly complex area of accounting, both at the strategic and at the technical level.

By the end of the program, participants will be able to:

·         Identify different types of financial instruments and accounting methods for each.

·         Account for transactions according to fair value method, equity method and amortized cost.

·         Interpret impact of transactions related to passive investments and investments in associates and joint ventures.

·         Get up-to-date on latest accounting standards regarding accounting for financial instruments

Investment accountants, general ledger accountants, financial analysts, financial controllers, investments and fund’s managers and professionals who wish to understand accounting for financial instruments.

Financial Instruments – Short Term Investments

·         Categories of Short Term Investments

·         Presentation of Financial Instruments

·         Distinguishing Liabilities from Equity

·         Classification of Instruments:

ü  Held-to-Maturity Debt Securities (HTM)

ü  Trading Securities

ü  Available-for-Sale Securities (AFS)

ü  Fair Value through Profit and Loss Option

ü  Determining Fair Value

ü  Initial and Subsequent Measurement

ü  Reclassification and Transfer between Categories

ü  Constraints on Reclassifications

ü  DE recognition of Financial Instruments

ü  Impairment of Financial Assets Carried at Amortized Cost

ü  Impairment of Financial Assets Carried at Fair Value

ü  Impairment of Financial Assets Carried at Cost

ü  Accounting for Sales of Financial Instruments

Financial Instruments – Long Term

·         Presentation of Available-for-Sale and Held-to-Maturity Instruments

·         Other than Temporary Impairment of Available-for-Sale and Held-to-Maturity Financial Assets

·         Required Disclosures

Investments in Associates

·         Accounting Based on the Equity Method

·         Situations when Cost Method is Applicable

·         Differences in Fiscal Year

·         Intercompany Transactions between Investor and Investee

·         Accounting for a Partial Sale or Additional Purchase of Equity Investment

·         Change in Level of Ownership or Degree of Influence

·         Accounting for Impairment

Accounting for Investments in Joint Ventures

·         Jointly Controlled Operations

·         Jointly Controlled Assets

·         Jointly Controlled Entities

·         Change from Joint Control to Full Control

·         Accounting for Transactions between Venture Partner and Jointly Controlled Entity

·         Disclosure Requirements

A variety of methodologies will be used during the course that includes:

·         (30%) Based on Case Studies

·         (30%) Techniques 

·         (30%) Role Play

·         (10%) Concepts

·         Pre-test and Post-test

·         Variety of Learning Methods

·         Lectures

·         Case Studies and Self Questionaires

·         Group Work

·         Discussion

·         Presentation

This rate includes participant’s manual, Hand-Outs, buffet lunch, coffee/tea on arrival, morning & afternoon of each day.

Daily Course Timings:

    08:00 - 08:20       Morning Coffee / Tea

    08:20 - 10:00       First Session

    10:00 - 10:20       Coffee / Tea / Snacks

    10:20 - 12:20       Second Session

    12:20 - 13:30       Lunch Break & Prayer Break

    13:30 - 15:00       Last Session