Course Details


International Financial Reporting Standards (IFRSs) with Special Focus on IFRS-9

  • Title : International Financial Reporting Standards (IFRSs) with Special Focus on IFRS-9
  • Course TYPE : Special Trainning Program
  • Course No : STC02/2021
  • Duration : 05
  • Frequency : 02
  • Time : Sunday 21st of March 2021 - Thursday 25th of March 2021
  • Nature: Campus based Non-Residential Program
  • Target Group : Officials of Bangladesh Bank
  • Methods : Lecture, Case Study, Open Discussion
  • Resource Person: BIBM Faculties and Resource Persons from other institutions
  • Coordination Team :
    1 . Reefat Zaman Shourov
    2 . Dr. Md. Mahabbat Hossain
  • Objectives:

    1. To familiarize the participants with IFRSs and their role in establishing a transparent financial market.

    2. To enhance the knowledge and skills of the participants on accounting and reporting issues concerning classification, recognition, measurement, and presentation of financial instruments covered under IFRS-9.

  • Contents:
    • Basel Core Principles on Effective Banking Supervision with special focus on Disclosure and Transparency
    • Conceptual Framework of IFRS
    • Presentation of General-Purpose Financial Statements as per IAS-1
    • Understanding Components of Balance Sheet and Related Disclosure Framework of Banks as per BB Guideline
    • Understanding Components of Income Statement and related Disclosure Framework of Banks as per BB Guideline
    • IFRS and Local Regulations for Measurement and Presentation of Revenues and Expenses of Banks
    • Recognition of Financial Instruments as per IFRS 9
    • Classification of Financial Instruments under IFRS 9 with Special Focus on Banks and NBFIs
    • Initial and Subsequent Measurement of Financial Assets under IFRS 9 with Special Focus on Banks and NBFIs
    • Initial and Subsequent Measurement of Financial Liabilities, Equity, and OBS Activities under IFRS 9 with Special Focus on Banks and NBFIs
    • Comparison between Existing Provisioning Practices and Expected Credit Loss (ECL)
    • Impairment of Financial Assets, Expected Credit Loss and Provisioning as per IFRS 9
    • Derecognition of Financial Instruments as per IFRS 9
    • Hedge Accounting as per IFRS-9
    • Presentation of Financial Instrument as per IAS-32 and IFRS-9
    • Disclosure Requirement under IFRS 7
    • Gap between the Existing Practices of Financial Reporting by Banks in Bangladesh and IFRS Requirement
    • Disclosure Framework Under Pillar III of Basel III
    • Open Discussion on IFRS-9 and its Implementation Issues for Banks

Training Program on “International Financial Reporting Standards (IFRS) with Special Focus on IFRS-9” for officers of Bangladesh Bank (Day program)