Hashim, Noor and O'Hanlon, John and Li, Weijia (2015) Expected-loss-based accounting for the impairment of financial instruments : : the FASB and IASB IFRS 9 Approaches. [Report]
Abstract
This paper outlines the work of the FASB and the IASB on the development of expected-loss methods for measuring the impairment of financial instruments arising from credit losses, and describes and compares key features of the different approaches developed by the two standard setters. It also provides information indicative of the possible effect of differences between the two approaches and summarises arguments for and against the main elements of the approaches proposed by the two standard setters.
Item Type:
Report
Departments:
ID Code:
76391
Deposited By:
Deposited On:
27 Oct 2015 11:38
Refereed?:
No
Published?:
Published
Last Modified:
11 Aug 2024 00:56