IFRS 9 | Classification and Measurement of Financial Assets and Financial Liabilities IFRS lectures

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Farhat Lectures. The # 1 CPA & Accounting Courses

Күн бұрын

In this session, I explain IFRS 9.IFRS 9 requires an entity to recognise a financial asset or a financial liability in its statement of financial position when it becomes party to the contractual provisions of the instrument. IFRS 9 Financial Instruments is the IASB's replacement of IAS 39 Financial Instruments:
Are you a CPA candidate or accounting student? Check my website for additional resources such PPT slides, notes, practice multiple choices, exercises and T/F questions.
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Пікірлер: 222

@steffendemoerloose1139 3 жыл бұрын

have an exam of IFRS tomorrow; this is a life-saver! thank you!

@rajivgarg3803 2 жыл бұрын

Superb! First time I have realized the real importance of KZfaq! Thanks a lot!

@sigalabergel916 2 жыл бұрын

Always count on Farhat. You’re the best teacher ever - so clean and clear.

@AccountingLectures 2 жыл бұрын

You're very welcome! Please take a look at my international accounting course: farhatlectures.pathwright.com/library/international-accounting-ifrs/about/

@chandragiovanni8634 4 жыл бұрын

I love accounting because i found and watched your youtube 3 years agoo. Thank you very much...Waiting for your next ifrs course..

@AccountingLectures 4 жыл бұрын

Hi Chandra, I am glad to hear that!You are welcome. Please subscribe and share the channel on social media. Please connect with me: Instagram: instagram.com/farhatlectures/ LinkedIn: www.linkedin.com/in/professorfarhat/ Facebook: facebook.com/accountinglectures

@williamkline9087 4 жыл бұрын

Thank you for posting!

@user-rn1rd8ns9g 3 жыл бұрын

you've cleared all the ambiguity I had, thank you million times God bless you.

@AccountingLectures 3 жыл бұрын

Glad it helped!

@raduz7933 3 жыл бұрын

Excellent lecture! A highly effective breakdown of in my opinion one of if not the most complex and often confusing IFRS standard.

@AccountingLectures 3 жыл бұрын

You are welcome. Check my website for more: ✔farhatlectures.com/ ✔Instagram: @farhatlectures ✔ Linkedin: www.linkedin.com/in/professorfarhat/ ✔Facebook:@accountinglectures ✔Twitter: @farhatlectures 🎤Email: Mansour.farhat@gmail.com

@user-zi3gt2xu1j 3 ай бұрын

The best video on IFRS 9, the video is lengthy but its easy to understand because Farhat uses examples and explain really well.

@MYMshadow 2 жыл бұрын

thank you so much for the content it is so professional and good, i wish you all the best.

@priyvrattripathi3641 4 жыл бұрын

The topic was covered in a very simpler and comprehensive manner, example used were very helpful! I have been preparing for Cert.IFR and always once refer to your lectures where my study material cant provide enough details.

@AccountingLectures 4 жыл бұрын

You are most welcome. Please subscribe and share. If you want to access more resources, check my website: ✔farhatlectures.com/ ✔Instagram: @farhatlectures ✔ Linkedin: www.linkedin.com/in/professorfarhat/ ✔Facebook:@accountinglectures ✔Twitter: @farhatlectures 🎤Email: Mansour.farhat@gmail.com

@salmanyaqub1806 3 жыл бұрын

Hi Farhat: i qualified CA in 2001, and needed to update some stuff about recent IFRSs issued like IFRS 9, 15 and 16. Your approach is good, both for students and for expereinced professionals trying their CPDs. Thanks for your effort for fitting the things nicely in a simpler perspective.

@AccountingLectures 3 жыл бұрын

I will try in the near future.

@elijahakpa7983 Жыл бұрын

@rahulchaudhary1773 4 жыл бұрын

Highly appreciated the way you explained IFRS 9. Thank you

@AccountingLectures 3 жыл бұрын

@pincipriano 4 жыл бұрын

Thank you so much! Ive been trying to understand the textbook for hours. This clarified everything!

@AccountingLectures 4 жыл бұрын

You are most welcome. Please subscribe and share. If you want to access more resources, check my website: farhatlectures.pathwright.com Connect with me: Instagram Account: instagram.com/farhatlectures/ Linkedin: www.linkedin.com/in/professorfarhat/ Facebook: facebook.com/accountinglectures Twitter: twitter.com/farhatlectures Email: Mansour.farhat@gmail.com

@abayomicole4693 3 жыл бұрын

me too

@antonmursid3505 Жыл бұрын

Antonmursid🙏🙏🙏🙏🙏✌💝👌🇸🇬🇸🇬🇸🇬✌✌✌💝👌🙏🙌

@karthicka371 2 жыл бұрын

You're a life saver 💥 Very precise and lucid examples!

@AccountingLectures 2 жыл бұрын

most welcome. Check my website: www.farhatlectures.com

@whaaaaaaaaaaaaaaaaaaaaaat3687 6 ай бұрын

Excellent video I have seen on IFRS 9 so far (with one exception that in our Acca Kaplan book it is written that business model test is satisfied if debt is held till maturity)

@pallavikanchiraju4693 3 жыл бұрын

Omg this is the best video for IFRS 9 I ve ever seen

@AccountingLectures 3 жыл бұрын

Most welcome. please take a look at my international accounting courses: farhatlectures.pathwright.com/library/international-accounting-ifrs/about/

@emmissme7179 4 жыл бұрын

I'm a fan of you sir, I learned a lot, especially from the previous topics of cash up to here. Thank you sir!

@AccountingLectures 4 жыл бұрын

@GG-nk3cr 4 жыл бұрын

Thank you. A superb explanation. Simple and understandable.

@AccountingLectures 4 жыл бұрын

You are most welcome. Please subscribe and share. If you want to access more resources, check my website: farhatlectures.com/ Connect with me: Instagram Account: instagram.com/farhatlectures/ Linkedin: www.linkedin.com/in/professorfarhat/ Facebook: facebook.com/accountinglectures Twitter: twitter.com/farhatlectures Email: Mansour.farhat@gmail.com

@venkateshyanduru3049 3 жыл бұрын

I am happy for the explanation given by for this IFRS-9 Session and it is very understandable.

@AccountingLectures 3 жыл бұрын

Most welcome! Please take a look at my IFRS course: farhatlectures.pathwright.com/library/international-accounting-ifrs/about/

@yeah9758 4 жыл бұрын

I would to express my gratitude to you MR you are really doing a nice work may God bless you

@AccountingLectures 4 жыл бұрын

@zulfiqardurrani3483 3 жыл бұрын

Ur a great teacher.Stay blessed..

@AccountingLectures 3 жыл бұрын

@nathanielmunhamo1017 2 жыл бұрын

I also listened to this presentation on IFRS 9 it’s an eye opener, thank you

@AccountingLectures 2 жыл бұрын

Please connect with me: linktr.ee/farhatlectures

@piyag8249 4 жыл бұрын

Farhat U have an excellent way of teaching and explaining the concepts...

@AccountingLectures 4 жыл бұрын

@kingbadjeiobeng-fosu6034 4 жыл бұрын

Awesome.Mr some of us are now learning so you take time to explain some of the key terminologies for our understanding be enhanced

@AccountingLectures 4 жыл бұрын

@medalimansour 3 жыл бұрын

Great job Sir! You make it look simple despite its complexity.

@AccountingLectures 3 жыл бұрын

Most welcome. Please subscribe and share. If you want to access more resources, check my website: ✔farhatlectures.com/ ✔Instagram: @farhatlectures ✔ Linkedin: www.linkedin.com/in/professorfarhat/ ✔Facebook:@accountinglectures ✔Twitter: @farhatlectures 🎤Email: Mansour.farhat@gmail.com

@emmissme7179 4 жыл бұрын

All your lectures in FAR are really helpful, thanks sir. I'm from Philippines

@AccountingLectures 4 жыл бұрын

@namara328 2 жыл бұрын

Thanks for the explanation. It helps me a lot. 👍

@keerthanasridharan9052 3 жыл бұрын

Lucid and in depth explanation. Thank you!

@AccountingLectures 3 жыл бұрын

YOu are welcome. Check my website for more: ✔farhatlectures.com/ ✔Instagram: @farhatlectures ✔ Linkedin: www.linkedin.com/in/professorfarhat/ ✔Facebook:@accountinglectures ✔Twitter: @farhatlectures 🎤Email: Mansour.farhat@gmail.com

@Sam-qs1id 4 жыл бұрын

Extremely helpful. Good insight on the basic recognition and categories

@AccountingLectures 4 жыл бұрын

@georget8008 4 жыл бұрын

Thank you sir! Excellent presentation! I am going to recommend your video and channel to my colleagues.

@AccountingLectures 4 жыл бұрын

@nikolamisic6989 3 жыл бұрын

I am grateful for this video! I still have some questions, but it helped a lot. Thank you!

@AccountingLectures 3 жыл бұрын

@karthik2sap 2 жыл бұрын

Excellent teaching! Easy to understand. Thank you

@AccountingLectures 2 жыл бұрын

Glad it was helpful!

@dghm8312 2 жыл бұрын

You explained it better than my textbook. Thanks a lot!

@AccountingLectures 2 жыл бұрын

Most welcome. Please connect with me: linktr.ee/farhatlectures

@lucatintor4896 2 жыл бұрын

This is a super job, a very detailed presentation. Thank you.

@AccountingLectures 2 жыл бұрын

Most welcome. Please take a look at my website: farhatlectures.com/ then choose your course.

@binwu6591 2 жыл бұрын

So clear, very useful. Covered all important points

@AccountingLectures 2 жыл бұрын

Glad it was helpful! Please connect with me: linktr.ee/farhatlectures

@cindylove7529 7 ай бұрын

Thank you so much sir!! You have the best videos for IFRS.

@AccountingLectures 7 ай бұрын

Thank you and please visit the website for more farhatlectures.com/ Start your free trial!

@TheWweliverpool 3 жыл бұрын

thank you so much sir, your explanations are very clear to me, very much appreciated

@AccountingLectures 3 жыл бұрын

You are most welcome. Please subscribe and share. If you want to access more resources, check my website: ✔farhatlectures.com/courses ✔Instagram: @farhatlectures ✔ Linkedin: www.linkedin.com/in/professorfarhat/ ✔Facebook:@accountinglectures ✔Twitter: @farhatlectures 🎤Email: Mansour.farhat@gmail.com

@hermina3771 3 жыл бұрын

Thank you for this very useful video Sir! it helped me a lot understanding my university course.

@AccountingLectures 3 жыл бұрын

@ivanostojcic8031 4 жыл бұрын

Farhat..... YOU ARE THE BEST !!!!

@AccountingLectures 4 жыл бұрын

@vamsineelam3555 2 жыл бұрын

Thank you so much Prof. Very good explanation.

@AccountingLectures 2 жыл бұрын

Please connect with me: linktr.ee/farhatlectures

@jaycity339 2 жыл бұрын

Thank God this video exists

@AccountingLectures 2 жыл бұрын

Most welcome. Please share with others.

@SuperL00k 2 жыл бұрын

You are absolutely brilliant!! Thank you for this lecture. Definitely going to check out your site

@AccountingLectures 2 жыл бұрын

Please do! Please connect with me: linktr.ee/farhatlectures

@raihansafa5514 Жыл бұрын

Thank you for this. I needed it and loved the way you explained

@AccountingLectures Жыл бұрын

Glad it was helpful! Check my website for more: farhatlectures.com/

@dianahchebet6569 2 жыл бұрын

Great lecture. Thank you Prof.

@AccountingLectures 2 жыл бұрын

Glad you liked it! Please connect with me: linktr.ee/farhatlectures

@bonganikobo6627 2 жыл бұрын

Thanks a lot for your explanation. You have made it easier to understand.

@AccountingLectures 2 жыл бұрын

Glad it helped! Please connect with me: linktr.ee/farhatlectures

@anuragjain464 5 ай бұрын

Great lecture, preparing for my ACCA SBR exam and was really struggling with this topic, but your lectures cleared all my doubts.

@AccountingLectures 4 ай бұрын

You are most welcome! Thank you and please visit the website for more farhatlectures.com/ Start your free trial! Contact me for more: LinkedIn: www.linkedin.com/in/professorfarhat. Facebook: facebook.com/farhatlectures Instagram: instagram.com/farhatlectures/?hl=en Reddit: www.reddit.com/user/Farhatlectures

@kk-ex5ro 4 жыл бұрын

Mr. Farhat, you are an amazing lecturer. You explained this complex standard in lucid way. Thank you.

@naranbedari8824 4 жыл бұрын

same here

@dimka_zayats Жыл бұрын

Greetings from Russia. Thanks for such a detailed explanation.

@ajaysandeepkarnedi9322 2 жыл бұрын

Fantastic...very clear...very logical...I am able to understand this...keep the good work going..

@AccountingLectures 2 жыл бұрын

Thanks and welcome. My courses catalogue: farhatlectures.pathwright.com/library/

@RVC0902 2 жыл бұрын

You are the best!!

@AccountingLectures 2 жыл бұрын

Thank You. Please connect with me: linktr.ee/farhatlectures

@budrunnahar4809 6 ай бұрын

Thanks for this clear explanation!

@AccountingLectures 6 ай бұрын

Glad it was helpful! Thank you and please visit the website for more farhatlectures.com/ Start your free trial! Contact me for more info: LinkedIn: www.linkedin.com/in/professorfarhat Facebook: facebook.com/farhatlectures Instagram: instagram.com/farhatlectures/?hl=en Reddit: www.reddit.com/user/Farhatlectures

@ahmedbulle2894 2 жыл бұрын

Excellent. Thank you. Well demonstrated.

@AccountingLectures 2 жыл бұрын

Please connect with me: linktr.ee/farhatlectures

@nareshkachhwal3969 3 жыл бұрын

I could crack Sr Financial Analyst interview in one of the MNCs watching your videos. You are incredible!!

@AccountingLectures 3 жыл бұрын

@antonmursid3505 2 жыл бұрын

Antonmursid🇮🇩🙏🙏🙏🙏🙏

@amitkamaths Жыл бұрын

Thank u so much.. Crisp and clear

@AccountingLectures Жыл бұрын

You're most welcome. Thank you and please visit the website for more farhatlectures.com/

@alectobi144 3 жыл бұрын

This was so helpful, thank you!

@AccountingLectures 2 жыл бұрын

Most welcome. Here's my international accounting course: farhatlectures.pathwright.com/library/international-accounting-ifrs/about/

@ritikachourasia6664 4 жыл бұрын

Superb lecture sir...thank you

@AccountingLectures 4 жыл бұрын

@aligulsen7392 2 жыл бұрын

Very clear, thank you!

@AccountingLectures 2 жыл бұрын

Glad it was helpful! Please take a look at my courses: farhatlectures.pathwright.com/library/

@kapilgoel9938 4 жыл бұрын

Video is really great. Could you please also explain other portion of this standard like hedge accounting and impairment

@FBeckenbauer4 Жыл бұрын

Fantastic vid.

@AccountingLectures Жыл бұрын

Glad you enjoyed it! Thank you and please visit the website for more farhatlectures.com/

@trishnjerekai7780 3 жыл бұрын

This was so helpful! thank you!!!

@AccountingLectures 3 жыл бұрын

You're so welcome! Please take a look at my IFRS course: farhatlectures.pathwright.com/library/international-accounting-ifrs/about/

@user-kt5ph1bd2u 4 жыл бұрын

Perfect!

@AccountingLectures 4 жыл бұрын

@AhmedHussein-iv6nt 4 жыл бұрын

Thank you ❤️

@AccountingLectures 4 жыл бұрын

You are most welcome. Please subscribe and share. If you want to access more resources, check my website: farhatlectures.pathwright.com/library/ Connect with me: Instagram Account: instagram.com/farhatlectures/ Linkedin: www.linkedin.com/in/professorfarhat/ Facebook: facebook.com/accountinglectures Twitter: twitter.com/farhatlectures Email: Mansour.farhat@gmail.com

@723asalage 3 жыл бұрын

Greatly explained.

@AccountingLectures 3 жыл бұрын

@jonathanbabor2209 2 жыл бұрын

I really appreciate the way it was presented, its a huge help for those who wanted to keep updated and know more about the topic.

@AccountingLectures 2 жыл бұрын

Most welcome. Please connect with me: linktr.ee/farhatlectures

@user-xk8dt6jz6j 2 жыл бұрын

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@jammarantan2735 Жыл бұрын

Thanks, Sir! Appreciate the lecture :)

@AccountingLectures Жыл бұрын

Glad it was helpful! Great. visit my website for more: farhatlectures.com/

@caeswaranand1654 Жыл бұрын

Thank you Farhat, this video gave a clear picture about whole concept of IFRS 9. Really Appreciate your efforts in making such nice video. Thanks I started following your videos and also subscribed your channel. Thank you very much !!!

@AccountingLectures Жыл бұрын

It's my pleasure! Thank you and please visit the website for more farhatlectures.com/

@caeswaranand1654 Жыл бұрын

@@AccountingLectures thanks for your reply, can you also please make video on IFRS 13 & 15?

@calistatan21 4 жыл бұрын

great lecture thank you

@AccountingLectures 4 жыл бұрын

@nikkaobenario436 4 жыл бұрын

thank you so much sir!

@AccountingLectures 4 жыл бұрын

@victorgarcia2773 4 жыл бұрын

Many thanks for your videos, they are super ;) On the other hand, in "33:29" the journal entry when the securities are sold for KUSD 23 does not reconcile: db cash 2.000 cr MS 22.000 + OCI 1.000 by mistake, you show only db cash 2.000 instead of 23.000 thanks!

@ladybolanrewaju6249 Жыл бұрын

Wow thank you

@AccountingLectures Жыл бұрын

Thank you and please visit the website for more farhatlectures.com/

@fahadalsalamah6320 4 жыл бұрын

Brother Farhat , Much appreciate your kind effort. I would like to express to you my sincere regards about the way you approach and explanation. I am interesting to see more videos on your KZfaq channel. Allah bless you. Fahad💐

@AccountingLectures 4 жыл бұрын

@-thisismylife- 3 жыл бұрын

awesome!

@AccountingLectures 3 жыл бұрын

@RYO-vv5wn 2 жыл бұрын

great video! thank you for this :)

@AccountingLectures 2 жыл бұрын

You're so welcome! Please connect with me: linktr.ee/farhatlectures

@AbrasionUK 11 ай бұрын

Best video I've seen on this topic. Subbed :)

@AccountingLectures 11 ай бұрын

Awesome, thank you! Thank you and please visit the website for more farhatlectures.com/

@Tina-gp4rg 2 жыл бұрын

Thank you and 1.000 likes!

@AccountingLectures 2 жыл бұрын

Most welcome. Here's my international accounting course: farhatlectures.pathwright.com/library/international-accounting-ifrs/about/

@nakingbed7283 3 жыл бұрын

Great video. Do you have a video on IFRS 3 business combinations?

@krishanthan1000 Жыл бұрын

Useful 👌😊

@AccountingLectures Жыл бұрын

Glad to hear that. Thank you and please visit the website for more farhatlectures.com/

@ziaulalam7871 4 жыл бұрын

Well explained

@AccountingLectures 4 жыл бұрын

@badarghafoor4322 3 жыл бұрын

Perfect 👌

@AccountingLectures 3 жыл бұрын

Thank you! Cheers!

@khalilalrayes130 3 жыл бұрын

Thanks a lot

@AccountingLectures 3 жыл бұрын

@jessemilligan2849 Жыл бұрын

Great stuff though I believe US GAAP debt issuance costs are now netted against the debt liability similar to the way discounts are handled...

@caashutoshagrawal5138 4 жыл бұрын

Nicely explained

@AccountingLectures 4 жыл бұрын

@bosunshonibare7207 4 жыл бұрын

Thank you so much for this video, if possible could you also provide such explanations for IFRS 15? Thank you.

@AccountingLectures 4 жыл бұрын

kzfaq.info?o=U&video_id=o5TsX36Z7hg You are welcome. Please subscribe and share the channel on social media. Please connect with me: Instagram: instagram.com/farhatlectures/ LinkedIn: www.linkedin.com/in/professorfarhat/ Facebook: facebook.com/accountinglectures

@vishvashah291 3 жыл бұрын

Hi. Thanks for this video. I still need more clarification. When you explain Amortized cost in the beginning, you say that the premium or discount on bond should be amortized. What does that actually mean? Can you explain with the help of an example?

@user-ii9jt8iy5c 2 жыл бұрын

What is the definition of credit losses according to this criterion, and when is a financial asset considered low credit?

@tttw8583 10 ай бұрын

superb

@AccountingLectures 10 ай бұрын

Thanks 🤗 Thank you and please visit the website for more farhatlectures.com/

@krishanthan1000 Жыл бұрын

Very good

@AccountingLectures Жыл бұрын

Thank you and please visit the website for more farhatlectures.com/

@rishimoni9711 3 жыл бұрын

Wow! Where were you when I was doing my CA

@AccountingLectures 3 жыл бұрын

Share with others!

@badarghafoor4322 3 жыл бұрын

Preparing for interview

@AccountingLectures 3 жыл бұрын

Best of luck.

@kamalsarmad2067 4 жыл бұрын

Sir I am a chartered accountant but your explanation suburb

@comfortmutenda1131 4 жыл бұрын

Thanks for the video Prof. Quick question , If a company manufacturing lets say furniture decides to buy shares in a company that manufactures wood in order to secure the supply of wood ,should it be booked in p/l or OCI? thanks in advance

@AccountingLectures 4 жыл бұрын

Securing supply is not a factor in determiniung whether you book in OCI or P/L

@comfortmutenda1131 4 жыл бұрын

@@AccountingLectures ohk so how should a transaction like that be booked?

@tanapatthavornwatsakul7357 3 жыл бұрын

Dear Sir, Could you please explain how to calculate EIR = 8.9781%? @25.03 Thank you for sharing.

@TheLovezoey 3 жыл бұрын

Pls I am confused about Financial Liabilities under amortised cost. When you incur the legal charges , what entries do you pass under Ifrs 9?

@danli4376 2 жыл бұрын

Why simple loan can not be amortised as Bond? Please advise me if I understand your Amortised Cost method correctly.

@ahmedessam6729 3 жыл бұрын

Is there any lecture talking about the ECL in details ? regards

@ashanrashmindra5859 3 жыл бұрын

sir, if supplier agreed to get his settlement by taking our shares( fixed number of shares) in 3 months time base on a market price at a future date(variable). is this an equity settled share base payment or financial liability?