IASB Video: Loan Loss Accounting and Financial Stability
26 April 2017
The International Accounting Standards Board (IASB) has released a video on loan loss accounting under IFRS 9 Financial Instruments and financial stability
In the video, members of the IASN explain:
- how IFRS 9 addresses the criticisms directed at its predecessor Standard, IAS 39;
- how IFRS 9 will contribute to financial stability by providing information that enable banks, investors and regulators to take necessary and timely action; and
- the relationship between accounting requirements and bank regulators’ capital requirement.
The video is available from the IASB’s web site here.