The ECL MasterClass was designed to improve the level of knowledge in the field of modelling requirements from IFRS 9, the EBA Stresstest-Methodology, the EBA IRB-Guidelines and the upcoming Basel IV standards.
The MasterClass approach is vastly practical. It will help you to understand fundamental concepts and principles underlying the many new regulations and equip participants with the knowledge to handle the practical implementation challenges and to sort out the complex differences.
One of the reasons why GLC MasterClasses stand out from others is that our participants gain not only the knowledge from highly experienced and specialized professionals, but also learn how to apply the gained insights in real life.
The ECL MasterClass is essential for professionals in the field of accounting, auditing and finance, who are aiming for career development. The MasterClass will cover new regulatory topics, especially the Credit Risk Stress test, beside basic ethics.
Special features:
- Best practices
- Regulatory insight
- Case studies
- Templates and Step-by-step guides
Training includes:
- Fine-tune IFRS 9 before the first publication
- Learn how to prepare for and integrate the diverse requirements and guidelines on ECL modelling
- Interpret new Basel IV and IFRS 9 requirements in a model context
- Align IFRS Requirements and EBA-IRB-Guidelines
- Differentiate differences in parameterization from conceptual differences
- Run EBA-Stress Test on IFRS 9 data
- Combine EBA Baseline and Adverse Scenarios with IFRS 9 models
- Integrate Stress Test Foresight and Migration Methodologies
- Run SICR in a Stresstest Framework
- Observe the latest SSM Guidance on NPL Valuation and Management
- Become aware of critical issues to be solved with IFRS 9 in defaults, NPLs and Stage 3
- Determine Regulatory Capital: CRR and IFRS 9
- Uncover Best Practice from the Supervisory Discussions with European Banks
- Identify how to combine the hedge accounting model and 3 Stage Provisions in IFRS 9
The Trainer:
Dr. David Grünberger, CPA heads the financial reporting enforcement unit at the Austrian Financial Market Authority.
His team examines the financial reports of exchange listed groups for accounting errors. He also deals with prudential accounting issues of banks, aiming at the integration of IFRS and the CRR. He participates in the IFRS 9 working groups of ESMA, EBA, the European Central Bank and the European Systemic Risk Board and heads the national IFRS 9 implementation in the Austrian FMA. David published several books and over 80 journal articles on IFRS and credit risk valuation and lectures IFRS at two universities.