News December 2019 Taskforce on Disclosures about Expected Credit Losses (DECL) updated guidance

Taskforce on Disclosures about Expected Credit Losses (DECL) updated guidance

13 December 2019
The Taskforce on Disclosures about Expected Credit Losses (DECL) has published updated guidance on what good IFRS 9 Expected Credit Loss accounting (ECL) disclosures look like. 

The guidance is aimed primarily at the biggest UK-headquartered banks and building societies, but is also likely to be relevant to a much wider group of preparers.

The updated guidance can be viewed here

A letter from the co-chairs can be viewed here

The Taskforce's Press Release can be viewed here

The Taskforces's original report can be viewed here
 

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William BoyackCommunications Manager