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 ...

The financial reporting landscape has undergone constant change – and continues to evolve at pace. IFRS 9 – which specifies how firms should classify and measure financial assets, liabilities and ...

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 ...

Since the initial implementation of the International Financial Reporting Standard (IFRS) 9, financial institutions now face the challenge of integrating different departments along the IFRS 9 ...

Bloomberg announced today that Intesa Sanpaolo, the Italian banking group, is using accounting data from Bloomberg to comply with the International Financial Reporting Standard 9, known as IFRS 9, an ...

IFRS 9 is an International Financial Reporting Standard (IFRS) promulgated by the International Accounting Standards Board on July 24, 2014. It addresses accounting for financial instruments and ...

In January 2018, banks will have to change the process that currently calculates their credit impairments. While 2018 may seem quite a long way off, there is a lot of work to be done in order to meet ...

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On the requests of the banking industry, the State Bank of Pakistan (SBP) has deferred implementation on International Financial Reporting Standard 9 (IFRS 9) and now all banks, DFIs and Microfinance ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Tough new rules are set to push banks to take a hit on their balance sheets for losses they expect to make in ...