Accountants and accounting firmaccounting firmInternational auditing standards (ias)The International Accounting Standards Board (IASB)The International Financial Reporting Standards
How to Calculate Bad Debt Provision Under IFRS 9: A Comprehensive Guide for Receivables vs. Loans
January 21, 2025by Dr Dawkins Brown
IFRS 9 introduced the Expected Credit Loss (ECL) model to replace the incurred loss model for bad debt provisioning. The ECL model is a forward-looking approach that incorporates historical, current, and future economic data to estimate credit losses. While the principles of the ECL model apply universally, there are distinct approaches when calculating bad debt...
