MFRS 9: Expected credit loss models - Workshop 2020
This workshop is available in Kuala Lumpur (28-Sep). The new MFRS 9, effective on 1.1.2018, would require several assets, recognised and unrecognised, to be assessment for impairment under a new credit loss assessment, namely the expected credit loss approach instead of the age-old incurred loss model. This workshop seeks to provide guidance into the implementation of the expected credit loss model.
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Presenter: Mr David Meow Li Hwa
The MFRS 9 would require several assets, recognised and unrecognised, to be assessment for impairment under a new credit loss assessment, namely the expected credit loss approach instead of the age-old incurred loss model. This workshop seeks to provide guidance into the implementation of the expected credit loss model.
Key topics covered:
Overview of MFRS 9’s Expected Credit Loss approach in asset impairment
Probability of default
Credit Exposure Measurements (EAD and LGD)
Evaluating a credit risk model
Objectives
Explain the new requirements for asset impairment as per the MFRS 9
Discuss the various forward-looking expected credit loss models (ECL)
Explain the measurement of probability of default (PD), exposure at default (EAD) and the loss given at default (LGD)
Discuss the model validation approaches to ensure the robustness of the ECL
All our workshops are available via in-house training.
Audience
Financial reporting accountants, auditors, regulators, financial risk managers, and finance managers, CMSRL holders and ERPs.
Details
108012451
1 day
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