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Transition Resource Group for Impairment of Financial Instruments meeting summary is now available

  • IFRS - IASB Image

Oct 08, 2015

On October 8, 2015, the International Accounting Standards Board (IASB) posted the Transition Resource Group for Impairment of Financial Instruments (ITG) September 2015 meeting summary.

The following topics were discussed:

  • Significant increases in credit risk
  • Use of changes in the risk of a default occurring over the next 12 months when assessing for significant increase in credit risk
  • Measurement of expected credit losses for revolving credit facilities
  • Forward-looking information

Review the summary on the IASB's Web Site.

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