IFRS 9 Implementation Methodology Guide

This is the Oracle IFRS 9 implementation methodology guidebook that will help facilitate a smooth transition to the new accounting standards, replacing IAS 39 (International Accounting Standards). IFRS 9 will be mandatory in several countries globally starting January 2018. 

As the deadline approaches there are a number of prerequisites that banks should be paying close attention to, and will cover risk, finance, IT and other parts of the business. 

IFRS 9 requires banks to review and predict credit losses on loans from day 1 and classify all financial instruments into three stages, depending on the change in credit quality. 

Oracle provides a framework for making the calculations needed to ensure compliance. The Oracle Unified Method (OUM) is a proven methodology for IFRS 9 that includes guidance on knowledge transition, and inbuilt approaches for agile delivery in large programs.


  • About the author
  • Rationale for IFRS 9
  • IFRS 9 impairment model
  • Key challenges in IFRS 9 implementation
  • IFRS 9 implementation key considerations
    • Modeling
    • Cash flow information
    • Accounting integration
    • Models for computing ECL
    • Data management
  • Recommended approach and checklist for IFRS 9 program rollout
  • Stakeholder responsibilities & timeline for IFRS 9 implementation
  • Oracle's proven methodology for IFRS 9 implementation
  • Oracle's consulting framework for IFRS 9 implementation
  • Oracle's solution for IFRS 9

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