The IFRS 9 expected credit loss (ECL) model for receivables can be challenging for Corporates, and COVID-19 has added a layer of additional difficulty. Marie Kling (PwC US) explains what Corporates need to consider when measuring ECL in the current environment. How do you update your groupings and forward looking information?
For further information please contact: Marie Kling
IFRS specialist, Director, PwC United Kingdom
Tel: +44 20 721 32123