Supervisory Roles in Loan Loss Provisioning in Countries Implementing IFRS

Countries implementing International Financial Reporting Standards (IFRS) for loan loss provisioning by banks have been guided by two different approaches: International Accounting Standards (IAS) 39 and Basel standards. This paper discusses the different accounting and regulatory approaches in loan loss provisioning, and the challenges supervisors face when there are different perspectives and lack of guidance from IFRS. It suggests actions that supervisors can take to help banks meet regulatory and capital requirements and, at the same time, comply with accounting principles.
Publication date: September 2014
ISBN: 9781484381120
$18.00
Add to Cart by clicking price of the language and format you'd like to purchase
Available Languages and Formats
English
Prices in red indicate formats that are not yet available but are forthcoming.
Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Banks and Banking , Supervisory role , loan loss provisioning , IFRS implementation , banking , capital adequacy , banking supervision , bank for international settlements , bank supervisors , General , Government Policy and Regulation , Accounting and Auditing: Government Policy and

Summary