The Emergence of the 'Incurred Loss' Model for Credit Losses in IAS 39

2013 ◽  
Author(s):  
Kees Camfferman
Keyword(s):  
Loss Model ◽  
Ias 39 ◽  
Credit Losses

scholarly journals IFRS 9 Single Impairment Model: Semantics and Circularity? A Study in the Airline Industry

2021 ◽  
Vol 16 (12) ◽  
pp. 41
Author(s):  
Francesco Bellandi
Keyword(s):  
Financial Reporting ◽  
Airline Industry ◽  
Financial Statements ◽  
International Accounting Standards ◽  
Single Model ◽  
Financial Reporting Standards ◽  
Strong Indicator ◽  
Ias 39 ◽  
Ifrs 9 ◽  
Credit Losses

This paper studies a sample of airlines reporting under International Financial Reporting Standards (IFRS) about three specific challenges in implementing International Accounting Standards Board (IASB) (2019), IFRS 9 requirements for impairment versus IASB, 2014, IAS 39: 1) expected versus incurred credit losses; 2) impairment scoping and elective simplifications; and 3) definition and use of default. First, there appears to be a strong indicator that the way airline companies have drawn the line between what future conditions should or should not be considered in estimating expected versus incurred credit losses has maintained the fundamental tenet in IFRS of representing the condition existing as of the end of the reporting period. Second, evidence of companies quests for IASB (2019), IFRS 9 impairment simplifications attests to the criticism that the alleged single model of impairment is in effect a complex collection of different techniques. Finally, the degree of specific application that IASB (2019), IFRS 9 requires for the definition and use of default, as well as the customization of what triggers a significant change in the risk of default since initial recognition, does not appear to have been fully received, and sufficiently disclosed in the financial statements.

Expected credit losses and managerial discretion. Current practices and future challenges

2021 ◽  
pp. 111-134 ◽  
Author(s):  
Riccardo Macchioni ◽  
Alessandra Allini ◽  
Martina Prisco
Keyword(s):  
Income Smoothing ◽  
Management Approach ◽  
Monitoring And Control ◽  
Loan Loss ◽  
Opportunistic Behaviour ◽  
Future Challenges ◽  
Monitoring And Control Systems ◽  
Ias 39 ◽  
And Control ◽  
Credit Losses

This paper examines the loan loss provisioning behaviour during the transition from IAS 39 to IFRS 9 for a sample of 403 banks in 27 countries in European Union. The objective of the study is to investigate whether during the first years of adoption of the new expected credit loss (ECL) impairment model banks are more en-couraged to smooth earnings and manage capital, compared to the previous in-curred loss (ICL) model. Results show that under ECL, banks adopt a more ag-gressive opportunistic behaviour in accordance with the income-smoothing and capital management approach. Management should be aware of this to implement monitoring and control systems, increasing trustworthiness of financial in-formation for investors' expectations.

Path Loss Model in Crowded Outdoor Environments Considering Multiple Human Body Shadowing of Multipath at 4.7GHz and 26.4GHz

2019 ◽  
Vol E102.B (8) ◽  
pp. 1676-1688 ◽  
Author(s):  
Mitsuki NAKAMURA ◽  
Motoharu SASAKI ◽  
Wataru YAMADA ◽  
Naoki KITA ◽  
Takeshi ONIZAWA ◽  
...  
Keyword(s):  
Human Body ◽  
Path Loss ◽  
Loss Model ◽  
Path Loss Model ◽  
Outdoor Environments

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

2019 ◽  
Vol 22 (4) ◽  
pp. 364-378
Author(s):  
T.B. Kuvaldina ◽  
◽  
E.V. Lobachev ◽  
Keyword(s):  
Financial Reporting ◽  
Ifrs 9 ◽  
Credit Losses
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