IFRS 9 impairment: Time to get ready for the new standard

Starting in 2018, IFRS 9 will require banks around the world to change their processes for accounting of credit risk. This new impairment standard will move banks from the backward looking incurred loss model into a forward looking Expected Credit Loss (ECL) modelling approach. When talking with banks around the [...]

IFRS 9 impairment: Time to get ready for the new standard was published on SAS Voices by Peter Plochan