Search found 2 matches

by Arthur Dania
01 Feb 2023, 13:47
Forum: IFRS-related topics
Topic: IFRS 9 Lifetime ECL
Replies: 4
Views: 1658

Re: IFRS 9 Lifetime ECL

Hi DJ,

Thanks for your swift reply, I truly appreciate your feedback.

I do have a follow-up questions when it regards simple loans in stage 3. Should the EAD amount include the accrued interest for the remainder of the contract discounted back to reporting date?
by Arthur Dania
01 Feb 2023, 00:06
Forum: IFRS-related topics
Topic: IFRS 9 Lifetime ECL
Replies: 4
Views: 1658

IFRS 9 Lifetime ECL

All, I'm having a dispute with an external auditor and bank on a IFRS 9 implementation project. It regards the definition of the Lifetime ECL. My Approach Lifetime ECL is calculated based on the gross carrying (outstanding balance including accrued interest) till the contract maturity date. I basica...