IPSAS 41 Financial Instruments Workshop | 2-Day Program | GID 22058 | Vancouver

Instructor Bio

Our Faculty: Expertise That Drives Success

Shasat is proud to have over 30 world-renowned faculty members, each an expert in their respective fields, who share their hands-on implementation experience through our technical and professional development programs.

This Masterclass is delivered by one of Shasat’s distinguished faculty members, a globally respected authority in public sector accounting and financial instruments. The instructor has extensive experience supporting governments, public institutions, and supranational organisations in implementing IPSAS, with specialist expertise in the valuation of financial instruments, the design and calibration of expected credit loss (ECL) models, and the management of financial risk through hedge accounting. With deep technical knowledge in public sector accounting and in financial instruments, including ECL modelling and market-risk hedging, the program provides executives with practical insights, structured methodologies, and real-world perspectives essential for applying IPSAS 41 effectively.

Our faculty combine real-world expertise with academic rigour, ensuring every session is interactive, relevant, and outcomes-driven. Participants gain practical tools, case-based insights, and strategic frameworks that can be immediately applied to enhance sustainability reporting and corporate governance within their organisations.

Our Partners

Course Description

Sessions 1:

• Introduction to IPSAS 41 and IPSASB Timeline
• Comparison of IPSAS 29 vs. IPSAS 41 for Classification of Financial Instruments
• Criteria for measuring financial instruments under each category
• Equity instrument classification and challenges
• Fair Value through Debt Service (FVTDS) for Debt instruments and issues
• Business Model and Characteristics of a Financial Asset Test
• Accounting of Hybrid Instruments/Embedded Derivatives
• Reclassification
• Transition Challenges and Impact
• Examples and Group Case Studies

Session 2:

• Categories for Financial Liabilities
• Hybrid instruments and bifurcation of embedded derivatives
• Accounting of Own Credit Risk and CVA/DVA
• Issues and Challenges
• Examples and Case Studies
• Impairment of Financial Assets – (Incurred loss model vs. expected loss model)
• Proposed expected cash flows model/three-bucket model
• Application of impairment model
• Emerging issues and challenges ahead
• Road map to expected loss model
• General Hedge Accounting
• Aligning hedge accounting with risk management
• Fair value and Cash flow hedges
• Hedged items and Hedging instruments
• Qualitative and Quantitative effectiveness
• De-designation
• Simpler and flexible hedge accounting framework
• Examples and Group Case Studies

By the end of the workshop, participants will have gained a comprehensive understanding of IPSAS 41 and its impact on financial reporting functions. They will have learned about the classification and measurement of financial instruments, accounting for financial liabilities, impairment of financial assets, and hedge accounting. They will also have the opportunity to apply their learning through group case studies and examples.

The course agenda provided herein is the proprietary intellectual property of Shasat. It is intended solely for the use of participants enrolled in the respective course. Any reproduction, distribution, or unauthorized use of this course agenda, in whole or in part, without the explicit written consent of Shasat, is strictly prohibited and may result in legal action.

All rights reserved. ©2025, Shasat

Why you must attend?

Attending this IPSAS 41 Training Course helps you gain a clear and structured understanding of the IPSAS 41 Financial Instruments framework. The course explains classification, measurement, impairment, and hedge accounting in a practical and accessible way. As a result, you can apply the requirements with confidence.

The training also strengthens your understanding of the expected credit loss (ECL) approach. It shows how ECL models should be designed, calibrated, and validated. In addition, you learn how to interpret real economic data and adjust model assumptions responsibly.

You will also benefit from examples that highlight common implementation issues in public sector environments. These examples include challenges in data quality, modelling choices, and documentation standards. Therefore, you can anticipate issues early and build stronger controls.

Furthermore, the course explains how IPSAS 41 interacts with wider reporting, treasury, and risk management functions. This helps you see the full impact of the standard on financial disclosures, budgeting, systems, and governance. As a result, you gain a holistic view of compliance requirements.

By attending this training, you receive guidance from an expert with extensive experience in IPSAS implementation. You also gain practical tools that support internal reporting, audit readiness, and strategic decision-making. Therefore, the course offers immediate value for finance teams and public sector organisations seeking high-quality financial reporting.

Teaching methodology

The IPSAS 41 Training Course will use a structured and practical approach to learning, designed to support clarity, accuracy, and strong retention. The methodology includes:

• A clear and user-friendly slide deck that presents IPSAS 41 concepts, methodologies, and principles in a concise manner, making the material accessible to all attendees.
• Interactive sessions with real-life case studies that show how IPSAS 41 classification, measurement, ECL impairment, and hedge accounting apply in practice.
• Explanations of key requirements through examples and short scenarios, allowing attendees to understand each IPSAS 41 topic in context.
• Group exercises that illustrate accounting principles and encourage collaboration, helping participants build a deeper understanding of IPSAS 41 Financial Instruments.
• Discussions on IFRS vs IPSAS differences, public-sector issues, and variations in practice, giving attendees a well-rounded view of the standard.
• Access to additional course materials and handouts, ensuring participants have reliable reference tools to support their learning after the workshop.
• An open and inclusive environment that encourages questions and discussion, helping attendees gain full clarity on complex IPSAS 41 topics.

The combination of these elements creates an effective and engaging IPSAS 41 workshop experience that supports the professional development of all attendees and strengthens their ability to apply the standard in practice.

Who should attend

This course is designed for:

• Public sector senior executives: Chief Financial Officers, Finance Directors, Accountant General, Auditors General, etc.
• Practitioners involved in public sector accounting: accountants, auditors, finance and non-finance staff, budget officers, controllers, treasurers, etc.
• Public Sector accounting conversion project managers and experts, etc.
• Academics, accountancy students, etc. and any person who wants to develop a good understanding and working knowledge of the public sector accounting requirements and its challenges.

No matter your background or experience level, this workshop provides valuable knowledge and skills that will help you stay ahead in today’s global reporting environment. Join us today and gain the competitive edge you need to succeed.
 

Feedback

Upon completion of the course, all delegates will receive an evaluation questionnaire aimed at gathering valuable feedback. This feedback is crucial to Shasat’s ongoing commitment to improving the quality of its learning solutions. By analysing the trends in the responses, we are able to continuously enhance and refine our offerings to meet the evolving needs of our clients.

Venue & other info

Our training programs take place at the most prestigious professional training facilities in the city. Our venues have been meticulously chosen and expertly crafted to deliver an unparalleled and sophisticated learning experience. To further elevate your training journey, we will offer an array of refreshments including gourmet tea/coffee, delectable snacks, and a sumptuous lunch to sustain you throughout the course. Your comfort and satisfaction are of the utmost importance to us.  One week before the program begins, you will receive comprehensive joining instructions that include the exact venue details.

Please note that accommodation arrangements are the responsibility of the attendee.

Workshop Delivery (Online Programs)

The workshop will be delivered via the WebEx platform. Upon registration, all participants will receive comprehensive joining instructions for the live workshop. This fully virtual event will encompass a live-streamed presentation, personalized networking opportunities, interactive Q&A sessions, engaging polls, and post-event consultation to address specific concerns and support your continued growth.
 

In-Person Workshop

Please be advised that for all in-person training programs, joining instructions will be sent via email to registered participants one week prior to the program’s commencement. These instructions will provide comprehensive information regarding the venue location, date, and time, as well as other important details such as parking arrangements, dress code, and any necessary equipment or materials. Kindly ensure that you carefully review the joining instructions and follow the guidelines provided to ensure a smooth and well-organized experience during the program.
 

Changes to the conference

Shasat reserves the right, at its sole discretion, to make modifications to the format, speakers, participants, content, venue location, program, or any other aspect of the conference, at any time and for any reason, without incurring any liability. This policy has been implemented due to recent events such as the Covid-19 pandemic and other jurisdictional restrictions. These modifications may include but are not limited to, changes necessitated by a Force Majeure Event
 

Sponsorship

We are pleased to offer sponsorship opportunities for our training programs, providing companies with a unique platform to showcase their brand and services to a highly engaged and relevant audience. By becoming a sponsor, your organization will have the opportunity to build brand awareness, demonstrate thought leadership, and cultivate valuable relationships with industry professionals. Our programs offer a platform to reach a targeted audience and generate new business leads while showcasing your expertise. The benefits of sponsorship include increased brand exposure, opportunities to connect with key decision-makers, and a platform to promote your products and services. We invite you to take advantage of this prime opportunity and partner with us to enhance your visibility and impact within the industry.
 

Terms and Conditions

We kindly request that you carefully review all of the terms and conditions outlined on our website. This information is critical in ensuring a clear understanding of our policies and procedures. Please follow the link provided to access this information.

About shasat

Discover more about Shasat by exploring our “About Us” page, where you can gain insights into our company’s mission, values, and history, and learn how we can help you achieve your goals.

Payment

Enroll in our program with ease by choosing from our secure online payment options. You can make a payment through our website using PayPal or Stripe, or opt for a bank transfer, demand draft, or cheque payment. Our payment page will provide all necessary options during checkout. If you encounter any issues, our customer service team is here to assist you. Simply reach out to us with your selected course, and we’ll guide you through the payment process.

We kindly request that you take into consideration any associated bank fees when making your course fee payment. To ensure your participation in the program, payment must be received before the course date. Once we have received both payment and a completed registration form, we will confirm your enrollment in the program. Thank you for your understanding and cooperation.

Group discount

Our company is proud to offer a group discount of 15% for organizations or individuals who book a course for 5 or more participants. To take advantage of this offer and receive a personalized group discount code, please reach out to our customer service desk at info@shasat.com. Our team will be delighted to assist you with the booking process and answer any questions you may have. With this group discount, you can invest in the professional development of your team and drive success for your organization. Don’t hesitate to contact us today to learn more.

CPD hours

Upon successful completion of the training course, each participant will receive a certificate of completion that attests to the number of hours spent in training and serves as a valuable representation of their dedication to professional development. The certificate is not only a symbol of their achievement but also serves as proof of continuous professional development (CPD) and demonstrates their commitment to staying current in their field. We believe that CPD is a crucial aspect of career advancement and personal growth, and are proud to provide our participants with this important document.

Enquiries

For further assistance, we invite you to contact our dedicated customer service team. Our experienced and knowledgeable representatives are available to answer any questions you may have and provide the support you need to make informed decisions. We are committed to ensuring that you have a positive experience and are here to help in any way we can. Please don’t hesitate to reach out to us at your convenience.

In-House Training

Enhance your team’s skills and drive success for your business with our custom In-house training program. Our tailored approach aligns with your specific business needs, offering a cost and time-efficient solution for upskilling your employees. This not only improves their productivity but also positions your company as a competitive force in the market. Transform your investment in employee development into tangible results by choosing our In-house training option. To discuss and learn more about our services, please don’t hesitate to contact our training desk. We’re ready to help you create a bespoke program that’s just right for you.