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Association of Microfinance Institutions of Kosovo

Coordination

AMIK coordinates activities such as joint trainings, exchange visits between other established MFIs in the Region, and other activities and events as requested by the member institutions.

Based on the assessment of needs, AMIK and members in cooperation with partners such as EFSE, World Bank Group, KfW, EBRD, EC, USAID and other active partners in Kosovo organize trainings and events that bring added value to members and participants.

AMIK also organizes specific trainings in cooperation with specialized Kosovo Institutions such as TAK, FIU etc.

“Financial Instruments – IFRS 9” Training
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“Financial Instruments – IFRS 9” Training

The two-day training "IFRS 9 - Financial Instruments" held on 25-26 September 2017 was organized by AMIK in cooperation with SCAAK.

The purpose of this training was to provide a presentation regarding the changes, understanding and application of IFRS 9 - Financial Instruments Standard. In addition to this Standard are also presented IAS 32 and IFRS 7.

The two-day agenda included the following topics:

  • Introduction to all current IASC standards applicable to financial instruments: IAS 32, IAS 39, IFRS 7, IFRS 9 and IFRS 13
  • Classification of financial assets and financial liabilities
  • Measurement of financial assets and financial liabilities
  • Assets at amortized cost
  • The principles of non-recognition
  • Accounting for the hedge
  • Requirements for Transition and Disclosure
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