SEARCH
 

Search

 

Результаты поиска 1 - 1 из 1
Начало | Пред. | 1 | След. | Конец


IFRS 9: Estimation of expected credit losses and their recognition in financial reporting

Kuvaldina T.B. Omsk State Transport University (OSTU), Omsk, Russian Federation ( kuvaldina2004@mail.ru )

Lobachev E.V. Omsk State Transport University (OSTU), Omsk, Russian Federation ( jkljkl.24@mail.ru )

Journal: International Accounting, #4, 2019

Subject The article shows how expected credit losses can be recognized in financial statements in compliance IFRS 9 – Financial Instruments.
Objectives We articulate methodological principles and practical recommendations for disclosure of expected credit losses in financial statements in compliance with IFRS.
Methods The research involves methods of comparative analysis, generalization, comparison and observation.
Results We examine the main novelties of IFRS 9 – Financial Instruments and give a practicable example of complying with its requirements through the proposed technique for estimating the expected credit losses from a financial asset. Based on the tolerable simplification, we estimated the provisions and value of financial assets to be recognized in financial statements, including impairment without excessive costs.
Conclusions and Relevance We detected the main challenges companies will face implementing IFRS 9. The article sets out our suggestions for addressing the issues.


Результаты поиска 1 - 1 из 1
Начало | Пред. | 1 | След. | Конец


Отсортировано по релевантности | Сортировать по дате