mondayskills

Welcome to the course !!!

1.03 A day in in the life of a Product Controller

1.04 Daily P&L - What does the daily P&L measure and how can the report be presented?

1.05 Daily P&L - A summary of the inputs required to prepare your daily P&L report

1.06 Daily P&L - A detailed review of the inputs required to produce your daily P&L report

1.07 Balance Sheet Reconciliations - A summary of its purpose and importance

1.08 Closing summary

1.09 Quiz

2.01 Why do we need some accounting skills?

2.02 Which accounting rules do we use?

2.03 Financial Instruments - definitions

2.04 Recognition & De-recognition - When do you start & stop accounting for a financial instrument?

2.05 De-recognition - Repo accounting

2.06 De-recognition - Financial liabilities

2.07 Quiz

2.08 Introduction to IFRS 9 Financial Instruments

2.09 IFRS 9 - The Business Model Test, what type of business model are you running?

2.10 IFRS 9 - Business Model Example

2.11 IFRS 9 SPPI test - Is this a basic lending agreement?

2.12 IFRS 9 SPPI Test - Examples of features that breach the test

2.13 Quiz

2.14 IFRS 9 - Amortized cost Introduction

2.15 IFRS 9 Amortized cost - How to amortize a premium into the P&L

2.16 IFRS 9 Amortized cost - How to amortize a discount into the P&L

2.17 IFRS 9 Amortized cost - Example

2.18 IFRS 9 Amortized cost - Exercise

2.19 Quiz

2.20 IFRS 9 - Fair Value through Other Comprehensive Income (FVOCI)

2.21 IFRS 9 - Fair Value through the Income Statement (including fair value option)

2.22 IFRS 9 Fair Value Option - example

2.23 IFRS 9 - Comparing the P&L and Balance Sheet for Amortized costs, FVOCI & FVTPL

2.24 Quiz

2.25 IFRS 9 - Expected Credit Loss (ECL), what is it and when do you record an ECL?

2.26 IFRS 9 - Which ECL stage is appropriate and how does this impact your ECL calculation?

2.27 IFRS 9 - Quantifying your ECL

2.28 IFRS 9 - ECL Calculation example

2.29 Quiz

2.30 IFRS 9 - How to classify and measure Financial Liabitlies?

2.31 IFRS 9 - Fair Valued Financial Liabilities and Own Credit

2.32 Quiz

2.33 How to use T-accounts

2.34 Account for a futures contract - What is it and how do we account for it?

2.35 Accounting for a futures contract - Understanding futures statements

2.36 Accounting for a futures contract - Initial Margin accounting

2.37 Accounting for a Futures Contract - Variation Margin accounting

2.38 Accounting for a Futures Contract - Gross P&L (closing out positions)

2.39 Accounting for a Futures Contract - Exercise

2.40 Accounting for a Bond - What is it and how do we account for it?

2.41 Accounting for a Bond - Which features do you need to account for?

2.42 Accounting for a Bond - Accounting example

2.43 Accounting for a Bond - Accounting exercise

2.44 Accounting for an Interest rate swap - What is it and how do we account for it?

2.45 Accounting for an Interest rate swap - which features do you need to account for?

2.46 Accounting for an Interest rate swap - Accounting example

2.47 Accounting for an Interest rate swap - Accounting exercise

2.48 Accounting exercise workbook

Recording of meeting

3.01 Fair Value - Introduction

3.02 Fair Value - When do we refer to IFRS 13 and how is FAIR VALUE defined?

3.03 Fair Value - Do we use bid, mid or offer prices?

3.04 Fair Value - Valuation techniques

3.05 Fair Value Measurement - Orderly transactions

3.06 Fair Value - Market participants

3.07 Fair Value - Measurement date

3.08 Fair Value - Blockage factors

3.09 Fair Value - Which unit of account can you use?

3.10 Fair Value - Principal or most advantageous market?

3.11 Fair Value - Exercise

3.12 Fair Value Hierarchy - Introduction

3.13 Fair Value Hierarchy - Level 1, 2 or 3?

3.14 Fair Value Hierarchy - Decision tree

3.15 Fair Value Hierarchy - Exercise

3.16 Fair Value & FVH - Quiz

3.17 Fair value and FVH - Exercise workbook

4.01 Discounting and Market Risk - Course outline

4.02 Discounting - Introduction

4.03 Discounting - Exercises

4.04 Discounting - What yield do we choose for discounting?

4.05 Discounting - Risk free rates and Credit spreads

4.06 Discounting - Bonds and discounting

4.07 Discounting - Bonds discounting exercise

4.08 Discounting - Derivatives discounting and collateral

4.08a Derivative Discounting Exercise

4.08b Discounting Derivatives in Practice

4.09 Discounting - Derivatives discounting and yield curves

4.10 Discounting - Quiz

4.11 Market Risk - Introduction

4.12 Market Risk - Single or multiple points of exposure

4.13 Market Risk - Exposed to all or only some of the notional

4.14 Market Risk - Different market risks for each financial instrument

4.15 Market Risk - Interest rate risk on swaps and bonds

4.16 Market Risk - Taylor series formula

4.17 Market Risk - Taylor series formula for Tesla option

4.18 Market Risk - Taylor series for a stock vs option

4.19 Market Risk - Expressions of marekt risk exposures

4.20 Market Risk - Interest rate delta

4.21 Market Risk - FX Delta

4.22 Market Risk - Commodity Delta

4.23 Market Risk - Vega

4.24 Exercise Workbook - Discounting & Market Risk

4.25 Market Risk Quiz

Group Coaching Call #2

5.0 Valuations - Course overview

5.01 End of day revaluation rates

5.02 Independent end of day rates - are they really observable?

5.03 Bid Offer - Why do we need to adjust for it?

5.04 Bid Offer - What determines the size of the spread?

5.05 Bid Offer - How to calculate the adjustment

5.06 Bid Offer - Which positions can we combine to make the adjustment?

5.07 Bid Offer - FX exposures and bid offer

5.08 Bid Offer - Calculating the adjustment for FX exposure

5.09 Bid Offer - Calculating the adjustment for Interest rate exposures

5.10 Bid Offer - Exercise

5.11 Bid Offer Quiz

5.12 IPV - Introduction

5.13 IPV - The 4 step process to calculate and report IPV

5.14 IPV - Price discovery

5.15 IPV - Calculating IPV for a bond

5.16 IPV - Mismarking and P&L smoothing

5.17 IPV - Exercise

5.18 CVA & FVA - Introduction

5.19 ISDA Master Agreements

5.20 ISDA Master Netting Agreements & Financial Reporting

5.21 Credit Support Annex - CSA

5.22 Global Financial Crisis and the emergence of CVA and FVA

5.33 CVA - Introduction

5.34 Calculating CVA

5.35 FVA - Introduction

5.36 FVA - Funding spread

5.37 FVA - Funding Benefit Adjustment (FBA) or Funding Cost Adjustment (FCA)?

5.38 FVA - calculating the adjustment

5.39 FVA - Exercise

5.41 CVA and FVA quiz

5.42 Valuation adjustment workbook