Global Standards for the world economy

Tuesday 26 January 2021

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Education Initiative releases CPD training materials for IFRS 9 and IFRS 15

 26 November 2015

To support those providing continuing professional development (CPD)—sometimes called continuing professional education (CPE)—to others on recently issued IFRS Standards, we are pleased to release new training materials for IFRS 9 Financial Instruments and IFRS 15 Revenue from Contracts with Customers.

IFRS 9 Financial Instruments was finalised in July 2014. It sets out the requirements for recognising and measuring financial assets, financial liabilities and some contracts to buy or sell non-financial items.

The Standard supersedes IAS 39 Financial Instruments: Recognition and Measurement in its entirety. IFRS 9 is effective for annual reporting periods beginning on or after 1 January 2018. Early application is permitted.

IFRS 15 Revenue from Contracts with Customers was finalised in May 2014. It establishes the principles for reporting useful information to users of financial statements about the nature, amount, timing and uncertainty of revenue and cash flows arising from an entity's contracts with customers.

The Standard supersedes IAS 11 Construction Contracts, IAS 18 Revenue, IFRIC 13 Customer Loyalty Programmes, IFRIC 15 Agreements for the Construction of Real Estate, IFRIC 18 Transfers of Assets from Customers and SIC-31 Revenue—Barter Transactions Involving Advertising Services.

IFRS 15 is effective for annual reporting periods beginning on or after 1 January 2018. Early application is permitted.

CPD materials for IFRS 9

These materials are in four parts:

  1. Objective, scope, recognition and derecognition;
  2. Classification and measurement;
  3. Impairment; and
  4. Hedging

CPD materials for IFRS 15

For IFRS 15 a synopsis that highlights the main requirements of the Standard accompanies the slide presentation.


The materials come as PowerPoint slides. The IFRS Foundation has prepared this material to help individuals and organisations who conduct training. The materials can be used free of charge and copies of the material should also be free of charge if provided to those undertaking training.

The materials are available using the links on the right hand side, or on our dedicated CPD materials page.

To find out more about our Education Initiative in general, please visit the Education Initiative page.