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       #Post#: 11--------------------------------------------------
       IFRS - new principles into bad debt provisioning
   DIR By: RogerBrad
       Date: April 18, 2018, 3:37 am
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       The International Accounting Standards Board published IFRS 9
       Financial Instruments in July 2014. The
       IFRS 9 framework introduces a number of new principles into bad
       debt provisioning that would require
       lenders to change the provisioning methodology and possibly some
       business practices in order to remain
       compliant.
       It is expected that IFRS 9 adoption could lead to a material
       increase in provisions. The IFRS 9 framework
       and key considerations for retail unsecured lending are
       described in the below high level overview.
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