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imported>Doug Williamson |
imported>Doug Williamson |
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| ''Financial reporting - impairment of financial assets - IFRS 9''.
| | Futures. |
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| (ECL).
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| Expected credit loss is a calculation of the present value of the amount expected to be lost on a financial asset, for financial reporting purposes.
| | == See also == |
| | | * [[Futures]] |
| It is calculated as:
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| ECL = PD x EAD x LGD x Discount Factor
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| Where:
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| ECL = expected credit loss
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| PD = probability of default
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| EAD = exposure at default
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| LGD = loss given default
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| Discount Factor is based on the expected date of default
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| ==See also== | |
| *[[Default]] | |
| *[[Discount factor]]
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| *[[Exposure At Default]]
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| *[[Financial asset]]
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| *[[IFRS 9]]
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| *[[Impairment]]
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| *[[Loss Given Default]]
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| *[[Probability of Default]]
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Revision as of 09:55, 22 June 2016