About this Course

The proposed effective date is yet to be confirmed, although the mandatory effective date of IFRS 9 is currently for periods beginning on or after 1 January 2015. All phases of the IFRS 9 project (classification and measurement, impairment and hedge accounting) are intended to have the same effective date. 

IFRS 9 is expected to be issued as FRS 109 in Singapore, however the ASC has previously indicated that they will do so when the whole project has been completed and therefore the completed parts of IFRS 9 issued by the IASB have not yet been issued in Singapore and therefore are not available for early adoption.

Programme Outline 

Phase I: Classification and measurement

• IFRS 9 Classification and Measurement of Financial Assets
  
• IFRS 9 Classification and Measurement of Financial Liabilities and Derecognition of Financial Assets
  
• ED 2012/4 Classification and Measurement: Limited  Amendments to IFRS 9
  

Phase II: Impairment

• ED 2009/12  Financial Instruments: Amortised Cost and Impairment
  
• Supplement to ED 2009/12 Financial Instruments: Impairment
  
• ED 2013/3 Financial Instruments: Expected Credit Losses
  

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