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IFRS 9Chapter 9Lesson 2

Measuring the expected credit loss

Step 1 of 7Learning objectives

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The expected credit loss is an unbiased, probability-weighted amount that takes into account the time value of money and reasonable and supportable information; the maximum period is contractual, with an exception for revolving facilities.

45 minNot started

Learning objectives

  • State the characteristics of an expected credit loss.
  • Calculate a scenario-weighted expected loss, then discount it.
  • Record the corresponding loss allowance.
  • Determine the maximum period of exposure and the case of revolving facilities.

In this lesson

Original teaching content: it paraphrases the standard without reproducing it and does not replace the official text.

Contents — IFRS 9 — Financial Instruments

  1. 1 · Not startedScope of the standard0 / 1 lesson
  2. 2 · Not startedDefined terms0 / 0 lessons
  3. 3 · Not startedInitial recognition0 / 1 lesson
  4. 4 · Not startedDerecognition0 / 2 lessons
  5. 5 · Not startedCategories of financial assets0 / 3 lessons
  6. 6 · Not startedCategories of financial liabilities0 / 1 lesson
  7. 7 · Not startedMeasurement0 / 2 lessons
  8. 8 · Not startedReclassification of instruments0 / 1 lesson
  9. 9 · Not startedImpairment: expected credit losses0 / 4 lessons
  10. 10 · Not startedEmbedded derivatives0 / 1 lesson
  11. 11 · Not startedBoundaries with other standards0 / 0 lessons