Coronavirus Impact on Entities Subject to IFRS 9 Reporting

Online Event

April 24, 2020 | (Online Event)

Webcast

Events

As we approach the end of the first quarter of 2020, many companies are questioning how to evaluate the impact of COVID-19 on the expected credit outcomes of their financial instruments. The final implementation of IFRS 9 in 2018 means that consideration must be given to whether this represents a significant increase in credit risk, to what extent government actions may mitigate that risk and how this should be reflected in quarter-end reporting. Given the levels of economic uncertainty demonstrated in the public markets and the unknown ultimate impact of COVID-19, using informed judgment to measure potential credit deterioration will require even more thought and analysis.

Please join us for a discussion on how best to consider the impact of COVID-19 for the current quarter-end.

Schedule: 12:00 p.m. - 1:00 p.m. BST

Topics

  • What impact will COVID-19 have on the general economic environment?
  • Will COVID-19 lead to credit deterioration in the marketplace?
  • How can it be determined whether a significant increase in credit risk of the financial instruments has occurred?
  • What factors should preparers consider when evaluating the impact of COVID-19 on expected credit losses, in the short-term and long-term?
  • How should preparers develop forecasts considering the impact of COVID-19, including the underlying economic and value assumptions utilized in measuring credit deterioration? 

Speakers

  • Marcus Morton, Managing Director, Valuation Advisory Services
  • Ryan McNelley, Managing Director, Portfolio Valuation
  • Sharon Davies, Managing Director, Valuation Advisory Services
  • Andrew Probert, Managing Director, Transaction Advisory Services
  • Jonathan Jacobs, Managing Director, Global Financial Services Leader

To register for the webcast please click here.

/en/our-team

Connect With Us


Stay Ahead with Kroll

Valuation Advisory Services

Valuation Advisory Services

Our valuation experts provide valuation services for financial reporting, tax, investment and risk management purposes.

Portfolio Valuation

Portfolio Valuation

Kroll specializes in assisting clients with the valuation of alternative investments, specifically securities and positions for which there are no "active market" quotations.

Transaction Advisory Services

Transaction Advisory Services

Kroll’s Transaction Advisory Services platform offers corporate and financial investors with deep accounting and technical expertise, commercial knowledge, industry insight and seamless analytical services throughout the deal continuum.

Return to top