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ASPE and ASNPO — Financial Instruments

A Comprehensive Exploration of Financial Instruments, Their Management, and Reporting

Created byAri Shulman
BeginnerUpdated Apr 17, 2024
ASPE and ASNPO — Financial Instruments

What You'll Learn

  • check_circleIdentify and classify various financial instruments based on their characteristics and the applicable financial regulations.
  • check_circleAssess and manage the risks associated with different types of financial instruments.
  • check_circleApply proper recognition and measurement practices for financial instruments under both IFRS and ASPE.
  • check_circleAnalyze the impact of financial instruments on the financial statements of an organization.
  • check_circleImplement advanced accounting practices like ECL, hedge accounting, and the treatment of derecognition.
  • check_circleConduct effective financial disclosures and sensitivity analyses to meet compliance and enhance financial transparency.
  • check_circleApply the principle of substance over form in recognizing and reporting financial instruments, ensuring accurate reflection of the economic reality.

About This Course

This course offers a deep dive into the world of financial instruments, focusing on their types, risk levels, recognition, measurement, and impact on financial statements. Participants will gain a robust understanding of how various financial instruments are used, evaluated, and reported in corporate finance. The course covers everything from basic concepts to complex accounting standards (like IFRS and ASPE), providing learners with practical knowledge and skills to handle financial instruments effectively in their professional careers. Key topics include risk assessment, amortization, fair value measurement, and the implications of financial instruments on financial statements.


Topics List:

  • Introduction to Financial Instruments
  • Risk Assessment of Financial Instruments
  • Recognition and Measurement Standards
  • Financial Instruments Under IFRS and ASPE
  • Impairments and Credit Losses
  • Related Party and Arm’s Length Transactions
  • Accounting for Forgiveness and Derecognition
  • Offsetting Financial Instruments
  • Financial Statement Disclosures and Sensitivity Analysis
  • Substance Over Form Principle

  • Your Instructor

    Ari Shulman

    menu_book5 courses
    star438 reviews

    Ari Shulman is a Director, Business Applications and Technology at Hockey Canada and a Chartered Professional Accountant (CPA Canada). Completed: Graduate Accounting Diploma at McMaster University, Master of Business Administration - MBA at McMaster University, and Bachelor of Arts (B.A.) at The University of Western Ontario.

    Credit Information

    Professional development requirements vary by profession, country, and regulatory body. Before enrolling, review the course details and confirm that the content, learning format, and any listed credits meet your specific requirements. You are responsible for confirming eligibility with your regulator or professional association and keeping the records required for reporting.

    What Students Are Saying

    4.6 out of 5
    Student's Choice
    211 reviews

    Frequently Asked Questions

    We are a registered provider with 300+ associations and regulatory bodies worldwide. We operate across 27 global markets including Canada, the US, Australia, and the UK. Every course page clearly displays its specific accreditations. Upon completion, you receive a professional certificate that can be validated online. Our certificates include all necessary accreditation details, credit hours, and completion dates, and are formatted specifically to meet the submission requirements of most global regulatory bodies.

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