Countdown to 2018: Best Practices in IFRS 9 Implementation in Asia

While CFOs must be ready to implement the new accounting standard IFRS 9 by January 2018, they are likely to find the following four aspects as among the most challenging and the most crucial from the finance function’s point of view: creating the appropriate Expected Credit Loss (ECL) model, availability and acquisition of high-quality data with the accept­able granularity, integrating IFRS 9 with the existing accounting framework, and measuring and mitigating the impact of IFRS 9 on the bottom line.

This e-brief outlines the best practices from IFRS implementations, IFRS benchmarking, Oracle's methodology and solutions for IFRS implementation, and other relevant advice.

Download Now


Suggested Articles

Some of you might have already been aware of the news that Questex—with the aim to focus on event business—will shut down permanently all media brands in Asia…

Some advice for transitioning into an advisory role

Global risks are intensifying but the collective will to tackle them appears to be lacking. Check out this report for areas of concern