The Purchased or Originated Credit-Impaired Financial Assets Approach as Collected Work under IFRS 9 Financial Instruments

Mehmet Maşuk Fidan

Journal of Finance Letters (Maliye ve Finans Yazıları), 2018, vol. 33, issue 109, 233-258

Abstract: IAS 39 Financial Instruments: Recognition and Measurement’s impairment model is the incurred loss model. As a result of the 2008 financial crises, expected credit losses had been in agenda. Due to that agenda, In July 2014, the International Accounting Standards Board (IASB) issued the completed and final version of IFRS 9 Financial Instruments that replaced IAS 30 Financial Instruments: Recognition and Measurement which brings a new classification and impairment model called the expected credit model. This paper discusses briefly the classification and impairment model under IFRS 9 Financial Instruments. It also examined in the Purchased or originated credit- impaired financial assets approach and the credit-adjusted effective interest rate comparison with IAS 39 Financial Instruments: Recognition and Measurement’s requirements.

Keywords: Financial assets; Expected Credit Losses; Impairment (search for similar items in EconPapers)
JEL-codes: M40 M41 (search for similar items in EconPapers)
Date: 2018
References: Add references at CitEc
Citations:

Downloads: (external link)
https://dergipark.org.tr/tr/download/article-file/462871 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:acc:malfin:v:33:y:2018:i:109:p:233-258

DOI: 10.33203/mfy.379284

Access Statistics for this article

Journal of Finance Letters (Maliye ve Finans Yazıları) is currently edited by Süleyman Kale

More articles in Journal of Finance Letters (Maliye ve Finans Yazıları) from Maliye ve Finans Yazıları Yayıncılık Ltd. Şti.
Bibliographic data for series maintained by Süleyman Kale ().