Thursday, May 28 2020, 01:14 am
IOSCO Statement on Application of Accounting Standards …

IOSCO Statement on Application of Accounting Standards …

International Accounting Standards Board (IASB), and we welcome their recent educational materials that address the application of accounting for expected credit losses (ECL) in accordance with IFRS 9 Financial Instruments during the period of economic uncertainty arising from the COVID-19 outbreak. IOSCO notes that the related IASB release and educational materials do not change, remove nor …