IFRS for banking institutions
Annual accounts, prudential reporting and more and more financial information reporting are based on IFRS.
This training, dedicated to professionals with good knowledge in IFRS will help them to understand and deal with major IFRS issues related to the banking sector starting from the CSSF FINREP reporting.
PwC experts deliver this training combining theory with case studies derived from their practical experience of these standards.
10 May: 10am-1pm - Part 1 & 12 May 2021: 10am-1pm - Part 2 (EN) - Webinar format
Price: 1050.00 €
Duration: 7h
Language: English, also available in French
Number of participants: max. 20
Objectives
By the end of this course, participants will be able to:
- Understand and assess the main impacts of IFRS for banks;
- Apply their knowledge to the preparation of the CSSF FINREP reporting.
Content
- Presentation of financial statements for banks
- Debt/equity analysis (including new super subordinated instruments, non-viability clause..)
- Financial instruments (application to banking products)
- Derivative and hedging (now and tomorrow)
- Disclosures
- Provisions (including prudential ones)
- Current and deferred taxes
- Related parties
- Revenue recognition (now and tomorrow)
- Link with prudency reporting and solvency ratio’s
Target audience
- Bankers
- Professionals of the Banking sector
- Tax accountants
- Chief Financial Officers
- Accountants
Our lead experts
This training is coordinated by Marc Minet, lead partner of IFRS Learning Solutions of PwC Luxembourg.
The training will be animated by experts of PwC Luxembourg daily involved in the implementation of the IFRS norms.
Marc Minet is the IFRS leader for PwC Luxembourg and is partner in the Assurance Practice. He has over 19 years experience in serving financial and multinational institutions providing audit and advisory services. From 2004 to 2006, Marc Minet was part of the PwC Global Accounting and Consulting Services (GACS) central team in London as a partner specialised in accounting for financial instruments under IFRS.
Back to Luxembourg, he continues to audit and advise groups reporting under IFRS. His experience includes the audit of listed international groups preparing consolidated financial statements under IFRS, capital market transactions (IPO, bond offerings), IFRS conversions, accounting advices and training solutions.
He is member of several PwC International IFRS working groups: GACS, Financial Instruments Topical Team (FITT), Corporate Treasury Technical Committee (CTTC) and Asset Management International Accounting Group (AM IAG).
Marc Minet graduated from HEC-University of Liège-Belgium. He is a qualified “Réviseur d’entreprises agréé” and “Expert Comptable” in Luxembourg. Since 2004, Marc Minet has been teaching courses on IFRS and he is an author or co-author of various publications about IFRS, including the PwC Manual of Accounting.
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