The EIMF Live Online Learning Experience
EIMF subject-matter experts deliver engaging and interactive courses across a broad spectrum of areas, that can be enjoyed in the comfort of your own chosen environment. Read more
The global financial reporting environment is complex and in a state of perpetual change which can place a heavy burden on businesses to comply with the reporting requirements. A big challenge facing businesses is ensuring that the right people within the organisation understand the relevant accounting requirements in order to achieve compliance with the accounting standards.
Applying IFRSs presents significant challenges especially for financial institutions. The accounting requirements for financial instruments also affects the related disclosures. Utilizing a highly interactive format, this course provides a comprehensive overview of the effects that the requirements have on the financial statements of financial institutions.
This programme offers invaluable guidance on meeting the requirements of current accounting principles and disclosure requirements. Coverage includes lending and repossessed assets, accounting implications of regulatory requirements, disclosures, and IFRS 13 Fair Value Measurement. The complex requirements of IFRS 9 Financial Instruments are discussed and explained. Numerous examples and illustrations are provided, including application of the effective interest method under various scenarios, retained servicing, loan commitments and financial guarantees, loan impairment and restructurings, derivatives and hedging and how IFRS 15 applies to financial institutions.
The theory and application of the standards is demonstrated with illustrative examples, complemented by application of the standards in an interactive group environment utilizing case studies, model financial statements, and practical exercises.
During this programme, professionals will obtain thorough training in five main International Financial Reporting Standards. By the end of this programme, participants will be able to:
In terms of knowledge:
In terms of skills:
In terms of attitudes:
Application of the Effective Interest Method
Derivatives and Hedging (IAS 39 and IFRS 9)
Implications of IFRS 16 Leases (effective 2019) on the financial statements
Investment Property (IAS 40) – brief overview
IFRS 15 Revenue Standard
Who Should Attend
The programme is ideal for:
Industry Expert | Marios Mortis
Marios Mortis holds a bachelor’s degree in Business Administration in Accounting, a Master’s in Banking and Finance, and he is a qualified member of Association of Certified Chartered Accountants (ACCA). Marios has developed and conducted professional training courses on corporate reporting, Accounting and Finance, and Financial Workshops. He had, also, participated to researches on the area of finance and accounting in both academic and professional level. He has a working experience in the accounting, audit, advisory, assurance and banking sectors in various positions and companies in Cyprus. During last 4 years Marios continued his path in the education field which is a challenging and interesting field for him.
He currently works as a Visitor Academic for a local University in Cyprus, where he is teaching courses such as Corporate Governance and Business Ethics, Corporate Finance, Corporate Risk Management and Audit and Assurance. He also holds the position of Trainer & Accountancy Programmes Leader for a local institute where among others he is teaching many courses of various accountancy qualifications, such as the Cash and Treasury Management, Credit Management, Governance, Ethics, and Risks, Management Accounting, and Indirect Tax.
A face-to-face method of delivery is selected as it is considered one that significantly enhances the direct interaction between the trainer and the participants. It also offers the comfort of a more controlled environment, which allows better communication and networking. The trainer will encourage the exchange of ideas through open-ended questions in order to ensure that a positive and stimulating learning environment is sustained.
This programme may be approved for up to 14 CPD units in Accounting and Auditing. Eligibility criteria and CPD Units are verified directly by your association, regulator or other bodies which you hold membership.
€292.00 – €530.00The above fee is subject to 19% VAT
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Day 1: November 23, 2021 | 09:00-17:15
Day 2: November 25, 2021 | 09:00-17:15
Start time: 09:00 EEST
End time: 17:15 EEST
Venue: Live Online
Coordinates: 14 | Duration: 14 hrs
Directions: Marios Mortis (view the trainer's bio below)
Phone: +357 22274470