16 May 2017
The IFRS Foundation has published a webcast focusing on the application of impairment requirements for revolving facilities under IFRS 9 Financial Instruments.
In this webcast, IASB Vice-Chair Sue Lloyd and Technical Director Kumar Dasgupta talk through key requirements of IFRS 9 that are relevant when an entity determines the expected life of revolving facilities, such as credit cards and overdrafts, by considering its normal credit risk management actions.
The webcast forms part of the IFRS Foundation’s efforts to support implementation of new Standards and complements other materials already available on the IFRS 9 implementation page.
The webcast can be accessed here.