Mr. Rajith Perera,
EY Partner, Financial Services, Accounting Advisory and Risk Management Leader, Institute of Chartered Accountants of Sri
Lanka.
Mr. Sk. Ashik Iqbal FCA,CPA (USA),
Partner, Nurul Faruk Hasan & Co., Chartered Accountants.
Mr. Muhammad Mehedi Hasan FCA, Vice President of ICAB
Chief Guest Dr. Md. Kabir Ahmed, Deputy Governor, Bangladesh Bank.
To gain a comprehensive understanding of IFRS 9, it is essential to first understand the impairment requirements outlined in the standard. This involves learning how financial assets are classified, measured, and assessed for expected credit losses (ECL). Next, one should become acquainted with various IFRS 9 modelling techniques, which are used to estimate and project credit risk over time. Additionally, it is important to learn the validation techniques used to test the accuracy, stability, and reliability of IFRS 9 models. Finally, understanding how to create management information systems (MIS) based on ECL results is crucial for effective monitoring, reporting, and decision-making within an organization.
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