IFRS 9 and 15 Training

Master Financial Instruments and Revenue Recognition with Proper Time for Both Standards

Platform:

Online

In-class

Revised and Updated: 23 October 2026

Date	Venue	Duration
10 - 13 November 2026	Sun City, North West	4 Days
09 - 12 February 2027	Dubai, UAE	4 Days
11 - 14 May 2027	Live/Online	4 Days
06 - 09 July 2027	Live/Online	4 Days
28 September - 01 October 2027	Sandton, Gauteng	4 Days
07 - 10 December 2027	Live/Online	4 Days

Course Introduction

Prospen Africa’s IFRS 9 and 15 Training program provides a comprehensive overview of IFRS 9 and IFRS 15, two of the most significant International Financial Reporting Standards (IFRS) impacting financial reporting. Participants will gain a clear understanding of the key requirements, practical considerations, and implications of these standards. Through interactive presentations, case studies, and discussions, participants will develop the skills necessary to implement these standards effectively.

Materials: training slides and handouts, the IFRS 9 and 15 standards, and practical case studies. Assessment: pre- and post-training quizzes, case study analysis, and group discussions.

Course Objectives

At the end of the IFRS 9 training, delegates are expected to understand:

Understand the key changes introduced by IFRS 9 compared to IAS 39
Classify and measure financial assets and liabilities under IFRS 9
Apply the expected credit loss (ECL) model for impairment assessment
Identify and account for hedge accounting relationships
Analyse and interpret the financial statements of companies applying IFRS 9

At the end of the IFRS 15 training, delegates are expected to understand:

Understand the principles underlying the five-step model for revenue recognition
Identify performance obligations within contracts
Measure transaction price and allocate it to performance obligations
Recognise revenue over time in accordance with IFRS 15
Prepare the required disclosures under IFRS 15
Analyse and interpret the financial statements of companies applying IFRS 15

Who should attend?

This training is designed for accounting professionals who need to understand and apply IFRS 9 (Financial Instruments) and IFRS 15 (Revenue from Contracts with Customers). This includes:

Accountants
Auditors
Financial Analysts
Other Stakeholders Involved in Financial Reporting

Training Methodology

Our diverse instructional approaches ensure effective learning:

– Lectures & Presentations: Engage with expert-driven, stimulating content.
– Course Material: Access well-crafted supporting resources.
– Group Work: Collaborate on discussions and case studies for practical insights.
– Workshops & Role-Play: Participate in immersive, scenario-based activities.
– Practical Application: Focus on applying theoretical knowledge in real situations.
– Post-Training Support: Receive extensive support after training for skill implementation.

Training Outline

Day 1: IFRS 9 – Introduction, Classification, and Measurement

Module 1: Introduction to IFRS 9

Key differences from IAS 39
Key principles and effective date

Module 2: Classification and Measurement

Identifying financial assets and liabilities
Applying the classification framework
Understanding different measurement models

Day 2: IFRS 9 – Impairment, Hedge Accounting, and Application

Module 3: Impairment

Applying the expected credit loss (ECL) model
Recognition and reversal of impairment losses
Disclosures

Module 4: Hedge Accounting

Recognising and measuring hedge accounting positions
Effectiveness criteria
Presentation

Module 5: Case Studies

Practical application of IFRS 9 to various financial instruments

Day 3: IFRS 15 – Introduction, Performance Obligations, and Transaction Price

Module 6: Introduction to IFRS 15

Key principles, the five-step model, and effective date

Module 7: Identifying Performance Obligations

Analysing contracts to identify distinct promises to transfer goods or services

Module 8: Measuring Transaction Price

Determining the consideration to be recognised
Variable consideration estimates
Changes in transaction price

Day 4: IFRS 15 – Revenue Recognition, Disclosure, and Application

Module 9: Recognising Revenue

Applying the five-step model
Allocation of transaction price
Recognising performance obligations over time

Module 10: Disclosures

Required disclosures under IFRS 15

Module 11: Case Studies

Practical application of IFRS 15 to various contracts

Course Categories

Office Administration Courses ❯ Audit, Risk And Governance ❯ Compliance Courses ❯ Finance Courses ❯ Human Resources Training & Development ❯ View All Course Categories ❯

Course Registration Guide

Everything you need to know about registering for a Prospen training course.

View Registration Guide

Success Stories

Discover how our courses enhance professionals’ effectiveness in their workplaces.

uMngeni-uThukela Water

IFRS Updates Trainings

What made the sessions exceptionally helpful was the deliberate focus on actionable strategies rather than just high-level concepts. The structured approach kept the content engaging. It was a highly impactful professional development experience.

Telekom Networks Malawi Plc

Financial Analysis, Modelling and Forecasting

It has been a really fruitful and helpful training. Many thanks to PROSPEN AFRICA and the facilitator Olufemi. This is definitely going to make my work life easier and meaningful.

Northam Booysendal Mine

Mastering Payroll Preparation, Analysis, and Management

The course really taught us deep in to Payroll and made us aware of things we were not aware of.

Telekom Networks Malawi PLC

Financial Analysis, Modelling and Forecasting

The training was very insightful and the facilitator was very engaging which made everything easier to understand and follow. It has really equipped us in our areas of lack and we feel confident now on our next assignments on forecasts and analysis

Magalies Water

GRAP training

The course was practical, informative and relevant

View All Reviews

FAQs – IFRS 9 and 15 Training

Master expected credit loss (ECL) modeling, five-step revenue recognition frameworks, impairment provisioning, and technical disclosure requirements to maintain dual compliance with IFRS 9 and IFRS 15.

What topics are covered in the IFRS 9 and IFRS 15 Training course?

The course covers IFRS 9 financial instruments classification, measurement, and expected credit loss (ECL) impairment models, alongside IFRS 15 five-step revenue recognition from contracts with customers, performance obligations, and contract modifications.

Who should attend this IFRS 9 and IFRS 15 training?

This training is designed for chief financial officers (CFOs), financial accountants, revenue managers, credit controllers, internal and external auditors, and corporate finance professionals responsible for complex financial reporting.

How does this course assist organizations in mastering IFRS 9 and IFRS 15 compliance?

Delegates learn how to implement robust ECL calculation models for financial assets, apply the five-step revenue model to intricate commercial contracts, and navigate complex accounting adjustments required by both standards.

Will delegates learn how to apply the five-step revenue recognition model under IFRS 15?

Yes. The curriculum explores identifying contracts, determining distinct performance obligations, allocating transaction prices, recognizing revenue over time or at a point in time, and managing variable consideration.

Does the masterclass address financial instrument impairment and classification under IFRS 9?

Yes. Practical sessions cover business model assessments, SPPI (solely payments of principal and interest) tests, calculating lifetime expected credit losses, and hedge accounting fundamentals.

Why is mastering IFRS 9 and IFRS 15 critical for corporate financial reporting?

Rigorous compliance with these core standards prevents material financial misstatements, ensures accurate revenue timing, avoids adverse audit findings, and provides stakeholders with transparent, reliable financial statements.

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IFRS 9 and 15 Training

Master Financial Instruments and Revenue Recognition with Proper Time for Both Standards

Course Objectives

Who should attend?

Course Outline

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Course Introduction

Course Objectives

Who should attend?

Training Methodology

Training Outline

Course Categories

Course Registration Guide

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Success Stories

IFRS Updates Trainings

Financial Analysis, Modelling and Forecasting

Mastering Payroll Preparation, Analysis, and Management

Financial Analysis, Modelling and Forecasting

GRAP training

FAQs – IFRS 9 and 15 Training

Related Courses

Your submission has been successful