IFRS 9 divides receivables into three categories (levels 1-3) where at each level the Expected Credit Loss (ECL) must be calculated in accordance with the spirit of IFRS that there should be no delay in calculating the ECL. The ECL calculation approach can be based on a 12 month approach and a lifetime approach. Apart from receivables, other financial instruments such as investments which are categorized as amortized cost and fair value through OCI must also have their ECL calculated.
Date: 26-27 September 2024
Venue: Asian Institute of Technology
Purposes
- Understanding how to calculate ECL with the Excel application
- Understand issues related to other financial instruments
Topics
- Category of financial instruments
- Classification of financial instruments
- Business model and cash flow characteristics
- Amortized Cost (AC), FVTOCI, FVTPL
- ECL of stage 1, 2, and 3
- ECL of investment in bonds and stock
- Derivatives & Hedging
For more information and registration please visit
https://extension.ait.ac.th/course/ifrs9-how-calculate-expected-credit-loss-ecl-financial-instruments
