The IPSASB has created a two-part webinar on financial instruments. It was prepared and presented by Lucy Qi, the technical staff member responsible for the IPSASB’s Financial Instruments Update project.
The webinar serves as an education session in the context of the IPSASB’s current project to update its suite of IPSAS pronouncements on financial instruments, and provides an overview of the key changes introduced by IFRS 9, Financial Instruments: Recognition and Measurement, as issued by the IASB.
Part A of the webinar covers the classification and measurement, as well as impairment of financial instruments, and Part B covers hedge accounting.
As additional resources, SlideShare versions of the presentations are included below.
Demi Chung has joined the International Public Sector Accounting Standards Board (IPSASB) technical staff for a four-month secondment beginning August 2.
Dr. Chung is an Undergraduate Studies Coordinator at the School of Accounting and a senior lecturer on international financial accounting standards at the University of New South Wales Business School in Sydney. Her research specializes in management controls, risk management by contract, and public private partnerships.
During her tenure with the IPSASB, she will be investigating accounting policies and guidance for infrastructure assets and broader asset measurement and assisting IPSASB Principal Gwenda Jensen in updating comparative information on accounting policies for the Heritage project. She will also be involved with the analysis of responses to ED 61, Amendments to Financial Reporting under the Cash Basis of Accounting (the Cash Basis IPSAS®).
"We are delighted that Demi has joined our team," said IPSASB Technical Director John Stanford. "She will bring an academic perspective to our work and we will benefit from her insight and expertise."
"I am thrilled to have the secondment opportunity with IPSASB," Dr. Chung added. "I look forward to making a contribution to public sector accounting standard settings and, at the same time, learning from my colleagues at the IPSASB."