IFRS for Banks: A Credit Perspective

Time: 22 October 2009
Venue: London, United Kingdom

A one-day workshop for experienced analysts, focusing on the impact that the change to IFRS will have on the key performance indicators and analysis of Banks.

Objectives:

• Participants will be equipped to understand the principles and measures of IFRS accounting and the differences from key national GAAP standards
• Evaluate the impact of the changes on the key financial ratios and income statement and balance sheet items
• Recognise any discrepancies between the new accounting treatment, Basel II standards and bank risk management practices
• Anticipate changes in corporate strategy and business practices as a result of the accounting changes

Overview:

• Key objectives - principles and scope of IFRS accounting
• Core issues - principles versus rules approach, fair value, substance over form, definitions of asset and liability
• Fair presentation rules - override of local tax, regulatory, dividend and pension rules