Dollar and Expected credit loss: Difference between pages

Revision as of 09:21, 28 May 2017

Financial reporting - impairment of financial assets - IFRS 9

(ECL).

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.

It is calculated as:

ECL = PD x EAD x LGD x Discount Factor

Where:

ECL = expected credit loss

PD = probability of default

EAD = exposure at default

LGD = loss given default

Discount Factor is based on the expected date of default

@@ Line 1: / Line 1: @@
-.
+''Financial reporting - impairment of financial assets - IFRS 9''
-Dollar is a widely used name for the currencies of many different countries including Australia, Canada, New Zealand, Trinidad and Tobago, Taiwan, the United States and Zimbabwe.
+(ECL).
+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.
-.
+It is calculated as:
-The United States dollar (USD).
+ECL = PD x EAD x LGD x Discount Factor
+Where:
+ECL = expected credit loss
+PD = probability of default
+EAD = exposure at default
+LGD = loss given default
+Discount Factor is based on the expected date of default
 ==See also==
-*[[Australia]]
+*[[Default]]
-*[[Canada]]
+*[[Discount factor]]
-*[[Cent]]
+*[[Exposure At Default]]
-*[[Digital Dollar Project]]  (DDP)
+*[[Financial asset]]
-*[[Dollar value of a basis point]]  (DVBP)
+*[[IFRS 9]]
-*[[Dollarization]]
+*[[Impairment]]
-*[[euro]]
+*[[Loss Given Default]]
-*[[Pound]]
+*[[Probability of Default]]
-*[[Sand Dollar]]
-*[[Taiwan]]
-*[[United States]]
-*[[US Dollar Repo]]
-*[[USDX]]
-*[[Yen]]
-*[[Yuan]]
-[[Category:The_business_context]]
-[[Category:Financial_products_and_markets]]