Expected-loss-based accounting for the impairment of financial instruments:: the FASB and IASB IFRS 9 Approaches

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. European Parliament, Brussels.

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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: Book/Report/Proceedings
Departments: Lancaster University Management School > Accounting & Finance
ID Code: 76391
Deposited By: ep_importer_pure
Deposited On: 27 Oct 2015 11:38
Refereed?: No
Published?: Published
Last Modified: 28 Feb 2020 00:37
URI: https://eprints.lancs.ac.uk/id/eprint/76391

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