Changes to accounting for loan losses: Practical considerations for banks 

Feb 2012

The IASB and the FASB are continuing their deliberations around the development of a new loan loss impairment standard.  While committed to the 'Three-Bucket Approach', the Boards are refining the principles and engaging with constituents to address a number of theoretical and operational issues.  This paper analyses several of the issues involved and provides insights into the response we are observing among our banking clients.