Abstract The newly issued International Financial Reporting Standards (IFRS) have
significantly transformed the accounting process and the accounting information system …

Purpose This article aims to analyze the impact of COVID-19 measures by governments and
central banks on International Financial Reporting Standards (IFRS) 9 loan loss provisions …

Purpose The purpose of this article is to derive formulas for lifetime expected credit loss of
loans that are required for the calculation of loan loss reserves under IFRS 9. This is done …

The present study aimed to clarify the risks that banks are exposed to in light of the Covid-19
pandemic, examine the impact of these risks on the quality of financial reports in banks, with …

In the current regulatory environment, banks are required to quantify credit risk by means of
default probabilities, loss rates conditional on default and expected exposures for a number …

In the last two decades, both internal and external risk management of banks have
undergone significant developments. Banking supervision encourages banks to use a risk …

ABSTRACT IFRS 9, the new accounting rules for financial instruments require banks to build
provisions for expected losses in their loan portfolios. A requirement which was not present …

The Role of Crises in Shaping Financial Systems: From the Global Financial Crisis to COVID-
19 underscores the role of crises as turning points for the financial sector and its interactions …

IFRS 9, standard focusing on the accounting for financial instruments, once implemented,
led to significant improvements in the world of accounting. The transition from the old …

Analysing model documentation for 17 AIRB and FIRB credit risk models, this paper delivers
IFRS 9 gap analysis of the existing models used for capital adequacy requirements. Based …