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

Purpose This paper provides an objective approach based on available market information
capable of reducing subjectivity, inherently present in the process of expected loss …

The objective of this paper is to develop a methodology to calculate expected credit loss
(ECL) using a transparent-modularised approach utilising three components: probability of …

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 …

Accounting standards require from financial institutions to consider and forecast multiple
macroeconomic scenarios when calculating loan loss provisions. Loan loss provisions …

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 …

The aim of this study is to provide an overview of the principles of IFRS 9 implementation
and to analyse its impact on the Czech banking sector. Unlike the previous IAS 39 standard …

ABSTRACT On 31 March 2017, China's Ministry of Finance issued the 'Chinese Version of
IFRS 9', making significant changes in the provision for impairment of financial assets. This …

Risk management, for example relative to its finance counterpart, is a much younger
function. This paper examines its evolution across different eras: Basel I, Basel II, III and its …

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 …