IFRS 9 and NPL Resolution: Best Practices for Kenya Banks
The transition from the Incurred Credit Loss (ICL) model of IAS 39 to the Expected Credit Loss (ECL) model of […]
1. The Financial Revolution: From “Incurred” to “Expected” For decades, the standard way businesses accounted for potential…
The financial landscape across the globe is constantly evolving, driven by new regulations, technological advancements, and shifting economic…
Accounting standards rarely stir public debate, but in the dynamic banking sectors of East Africa, one regulation – IFRS 9…
The implementation of International Financial Reporting Standard 9 (IFRS 9) has introduced a paradigm shift in the way financial assets…
The Kingdom of Saudi Arabia’s financial sector is a cornerstone of its ambitious Vision 2030, aiming for a diversified, thriving…
Saudi Arabia’s financial system is changing quickly under Vision 2030. To make banks stronger and safer, the Saudi Central Bank…
Saudi Arabia’s banking and financial sector is growing quickly under Vision 2030. The Saudi Central Bank (SAMA) has set strict…
Saudi Arabia’s financial sector is undergoing rapid transformation in line with Vision 2030, with the Saudi Central Bank (SAMA) prioritizing…
The introduction of IFRS 9 – Financial Instruments has transformed how organizations in Saudi Arabia recognize, measure, and report financial…