IMPAIRMENT TESTING AND PROVISIONS AS PER IFRS 9 AND REGULATIONS

Class Description

OBJECTIVES:

The objective of this course is to impart participants with knowledge and skills related to the classification and measurement of financial instruments, impairment of assets, and hedge accounting. It will also provide participants with the practical expertise necessary to consistently and effectively implement IFRS 9 in the Financial Sector.

TARGET GROUP:
This course is specifically designed for Senior and Middle-level officers in the banking institutions, Accountants, Auditors, and other officers who are involved in credit and overall risk management in banks and financial institutions.

COURSE CONTENTS
i. Overview of IFRS 9
ii. Recognition and Classification
iii. Initial Measurement of Financial Instruments
iv. Subsequent Measurement of Financial Instruments
v. Impairment of Financial Instruments
vi. Transition arrangement from IAS 39 to IFRS 9Add New Course
vii. Presentation and Disclosure
viii. BOT Guidance on the Implementation of IFRS 9
ix. Hedge Accounting under IFRS 9

FEES:
The fee for each participant is TZS 1.0 million or USD 1000 for non-residents, covering tuition, course materials, lunch, and mid-session refreshments. Participants will be responsible for their travel costs and upkeep. Please make the payment of your fees using the following channel:

1. Local Participants from Commercial Banks
   Bank Transfer through TISS Transferee Bank: Bank of Tanzania
   Account Number: 9944713006
   Account Name: Course Fees
   SWIFT CODE: TANZTZTXXXX

2. Local Participants from Government Agencies
   Transferee Bank: Bank of Tanzania
   Account Number: 9924191003
   Account Name: Bank draft Issued
   SWIFT CODE: TANZTZTXXXX
3. Foreign Participant Account Details
   Bank Name: Citibank
   Bank Swift Code: CITIUS33
   Account Holder: Bank of Tanzania
   Account Number: 36113007

MODE OF APPLICATION
Send a letter, e-mail, or phone the Academy through any of the mentioned contacts below. The course will accommodate 25 participants, and the first come, first served principle will apply. Applications should reach us at least two (2) working days before the commencement of the course.
All applications should be addressed to:
The Principal,
Bank of Tanzania Academy,
P.O. Box 131, Capri-Point,
MWANZA
+255 (0) 28 2 500 982/709/983 +255 (0) 28 2 503 380
Email: academy@bot.go.tz