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    ECL: How to Measure Probability of Default

    by Silvia

    Expected credit loss challenges many experienced accountants and finance people, because it contains the element of uncertainty and some sort of guessing or estimating what can happen in the future. That’s why it is “expected” after all. I wrote a few articles about the process…

    Financial Instruments 23

    How to calculate impairment on intercompany loans?

    by Silvia

    How to determine the impairment on intercompany loans under IFRS 9? What are the special considerations in relation to groups and internal loans? Learn here!

    Consolidation and Groups, Financial Instruments 1

    Coronavirus and IFRS – What is happening?

    by Silvia

    Over past few months, coronavirus became the most mentioned word everywhere. No wonder – not only it takes lives of our dear ones, but it also affects our daily life in many different ways. In many countries, people cannot go to work, kids cannot go…

    Accounting Policies and Estimates, Financial Instruments, Financial Statements, Non-current Assets 64

    Measuring expected credit loss: Loss rate vs. Probability of default

    by Silvia

    Some time ago I published an article about calculating bad debt provision in line with IFRS 9. Precisely speaking, it was about measuring expected credit loss using simplified approach for trade receivables – just to be on the safe side. Since then, I keep receiving…

    Financial Instruments 62

    Example: Expected Credit Loss on Interest-free On-demand Loan

    by Silvia

    Let’s face the truth: most intercompany loans (or at least many of them) are special in some way: They are undocumented – a parent simply sends cash to a subsidiary with no contract whatsoever and no one has an idea what the terms of the…

    Consolidation and Groups, Financial Instruments 31

    Expected Credit Loss on Intercompany Loans

    by Silvia

    Should you ever recognize impairment, or a provision on your intercompany loan (if you are a lender, of course)? Why would you do that when all intercompany balances are eliminated on consolidation and there’s nothing left in the consolidated financial statements – no loan, no…

    Financial Instruments 19

    How to calculate bad debt provision under IFRS 9

    by Silvia

    Last update: 2023 If you have a large portfolio of trade receivables, then you face the same issue over and over again: How to calculate bad debt provision to these receivables? When I worked as an auditor, I used to discuss this issue with my…

    Financial Instruments 258
    Expected credit loss IFRS 9

    How New Impairment Rules in IFRS 9 Affect You

    by Silvia

    In July 2014, the standard IFRS 9 was finally completed and the latest amendments brought us new impairment rules (besides the other things). In my humble opinion, new impairment rules will cause a lot of headaches for mainly financial institutions. Why? Well, they will have…

    Financial Instruments 124

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