The expected credit loss (ECL) and impairment calculation and analysis required by International Financial Reporting Standard (IFRS) 9 present a number of challenges in terms of having the right ...

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 ...

The International Accounting Standards Board has proposed delaying by two years the mandatory effective date for its IFRS 9 standards for financial instruments, postponing them from Jan. 1, 2013 to ...

According to sources, KE stated that its letter is in relation to SRO. 1784 (1)/2024 dated November 04, 2024, wherein SECP ...

ITFA has published "A guide to accounting and legal issues under IFRS 9 for the trade receivables and supply chain finance industry." These are ITFA's first set of guidelines on the standards aimed ...

Financial institutions around the world are revising how they estimate credit losses, but institutions subject to the International Accounting Standards Board’s standards have gotten a head start on ...

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 ...

AxiomSL, a global provider of regulatory reporting and risk management solutions, announced today that it has formed a partnership with AlgoSave, a provider of credit modelling products. As part of ...

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.

Thailand's adoption of the International Financial Reporting Standard 9 (IFRS 9) does not have to follow the strict standard being implemented in developed countries, especially if there are adverse ...

We’ll send you a myFT Daily Digest email rounding up the latest US & Canadian companies news every morning. Only a handful of US companies would adopt international financial reporting standards if ...