This chapter outlines the impairment framework and various approach for modelling expected credit loss (ECL), in order to meet the International Financial Reporting Standard 9 (IFRS 9) and US GAAP ...

IFRS 9 implementation is a very significant effort for the banks globally. A key element of IFRS 9 is a forward-looking “expected credit loss” (ECL) impairment model, which represents a paradigm shift ...

Recent amendments to tax legislation in SA, combined with sweeping changes to the accounting reporting landscape brought about by significant new standards such as IFRS 9, have created complex and ...

This article is by Eva De Leon, Product Manager for Hedge Accounting Solutions at Bloomberg L.P. It appeared first on TMI. For years, accounting and risk management have not always been fully in sync.

This article was written by Gregory van Droogenbroeck, CFA and Scott J. L. Coulter, CFA, CPA, CA for World Accounting Report. The International Financial Reporting Standard 9, or IFRS 9, represents ...

Bank supervisors and officials responsible for loan loss provisioning and managing credit risk in countries that have adopted International Financial Reporting Standards (IFRS) or are planning to do ...