IFRS insight & guidance

Our IFRS content collection includes blogs, publications, podcasts, videos and monthly IFRS news. We share our insight on what’s happening in the world of IFRS reporting, what preparers and users need to know now and the impact of new standards. Our content draws on our wide network of IFRS specialists to provide practical guidance on interpreting, applying and understanding the global financial reporting language of IFRS.

Go in depth with PwC insight into the new classification and measurement requirements of IFRS 9

A number of significant judgements are required by the new standard. There are fewer categories for classification and measurement under IFRS 9 but application isn’t necessarily any simpler. Classification under IFRS 9 for investments in debt instruments is driven by a bank’s business model and the contractual cash flow characteristics of the related instruments.

Moving from incurred to expected credit losses for impairment of financial assets is a game changer

The expected credit loss model applies to all entities and relies on a relative assessment of credit risk. For financial institutions it may mean changes to credit management systems as well as accounting policies. Certain practical expedients and simplifications are available. Some are optional, some are only available in limited circumstances. We share insights on the new requirements.

Contact us

Mary Dolson
Partner, IFRS specialist
Tel: +44 (0)207 804 2930

Henry Daubeney
Partner, IFRS specialist
Tel: +44(0)20 780 42160