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Banking Essentials - Part I

This pathway will walk us through the basics of banks, starting with some of the different types and their main functions, then starting to look at the regulation faced by the banks, both before and after the Global Financial Crisis.

Greenwashing

Greenwashing is the act of distributing false information about something being more environmentally friendly than it actually is.

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Tackling the Cost of Living Crisis

In this video, Max discusses the cost-of-living crisis currently enveloping the UK. He examines its impact on households as well as the overall economy.

CSR and Sustainability in Financial Services

In the first video of this two-part video series, Elisa introduces us to sustainability. She begins by looking at the difference between sustainability and corporate social responsibility, two terms that can be easily confused.

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Featured Pathways

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Banking Essentials - Part I

This pathway will walk us through the basics of banks, starting with some of the different types and their main functions, then starting to look at the regulation faced by the banks, both before and after the Global Financial Crisis.

Greenwashing

Greenwashing is the act of distributing false information about something being more environmentally friendly than it actually is.

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Book a demo

Pricing

Ready to get started?

Plans & Membership

Our Platform

Expert led content

+1,000 expert presented, on-demand video modules

Learning analytics

Keep track of learning progress with our comprehensive data

Interactive learning

Engage with our video hotspots and knowledge check-ins

Testing & certification

Gain CPD / CPE credits and professional certification

Managed learning

Build, scale and manage your organisation’s learning

Integrations

Connect Finance Unlocked to your current platform

Featured Content

More featured content

Tackling the Cost of Living Crisis

In this video, Max discusses the cost-of-living crisis currently enveloping the UK. He examines its impact on households as well as the overall economy.

CSR and Sustainability in Financial Services

In the first video of this two-part video series, Elisa introduces us to sustainability. She begins by looking at the difference between sustainability and corporate social responsibility, two terms that can be easily confused.

More featured content

Book a demo

Pricing

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Book a demo

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IFRS 9 Measuring Expected Credit Loss

IFRS 9 Measuring Expected Credit Loss

Saket Modi

20 years: Chartered accountant & educator

In this video, Saket gives an overview of the expected credit loss model and three different approaches to assessing impairment.

In this video, Saket gives an overview of the expected credit loss model and three different approaches to assessing impairment.

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IFRS 9 Measuring Expected Credit Loss

17 mins 17 secs

Overview

In this video, Saket introduces the three key approaches to assessing the expected credit loss - the first is the general approach, which requires an entity to track changes in credit risk, the second is the simplified approach, which does not require an entity to track the changes, but rather requires the entity to recognise a loss allowance based on lifetime expected credit losses at each reporting date from obligation, and lastly the purchased/originated credit impaired approach.

Key learning objectives:

  • What is the scope of IFRS 9 impairment?

  • Identify and explain the general, simplified and credit-impaired approaches

  • What indicators does IFRS 9 use to track significant increases in credit risk and default?

  • Discuss the reporting rules for loan commitments and financial guarantees

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Expert
Saket Modi

Saket Modi

Saket is a financial trainer and consultant based out of London. He specialises in advanced accounting, financial reporting and financial analysis, particularly with regards to International Financial Reporting Standards (IFRS), International Public Sector Accounting Standards (IPSAS) and Financial instruments.

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