Abstracting and IndexingРИНЦReferativny Zhurnal VINITI RAS Worldcat Google Scholar Online availableEastvieweLIBRARY.RU Biblioclub |
Financial instruments: in expectation of credit losses
Available online: 23 August 2013 Subject Heading: ON WAY TO THE INTERNATIONAL STANDARDS JEL Classification:
In March 2013 International Accounting Standards Board published Exposure Draft «Financial Instruments: Expected Credit Losses». New proposals introduce a single expected credit loss approach for all debt instruments (loans or securities) to recognize and measure impairment of financial instruments, irrespective of whether those instruments are reported at amortized cost or at fair value through Other Comprehensive Income (FVOCI). Investors will receive information about expected credit losses that distinguishes between loss expectations at origination or purchase and changes from those original loss expectations . In the article the main requirements of Exposure draft «Financial Instruments: Expected Credit Losses» and their effect on informational content and reliability of financial statements of companies are considered. Keywords: financial instruments, expected credit losses, significant deterioration, credit risk |
ISSN 2311-9381 (Online)
|
|