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what is ifrs 9 Informational
- Initial recognition at fair value and subsequent measurement
- Entities using IFRS 9 When did IFRS 9 become effective?
- Loss given default (LGD)
- Not directly within IFRS 9 scope How does IFRS 9 address the accounting for rights issues?
- May result in a financial asset (receivable) for the manufacturer
- Accounting for recourse and non-recourse arrangements How does IFRS 9 affect the accounting for collateral held?
- Generally treated as expenses
- Higher credit risk, greater focus on impairment
- Consistent with IAS 24 (Related Party Disclosures) How does IFRS 9 address the concept of expected loss in comparison to incurred loss?
- Accounting for any recourse obligations How does IFRS 9 address the accounting for invoice discounting with recourse?
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