Changes in the accounting for credit operations in connection with the entry into force of IFRS 9

UDC 657.1, 336.71

Authors

Plastkova M.N., Starodubova N.N.

Abstract

The article considers approaches to the practical application of the effective International Financial Reporting Standard (IFRS) 9 “Financial Instruments” in terms of accounting for financial assets of a credit institution.

Keywords

IFRS 9, financial assets, banks, credit operations, expected credit losses, accounting.