top of page
  • Writer's pictureThomas Tsang

Expected credit loss

There are lifetime expected credit loss of a financial instrument and 12 months expected credit loss of it. So 12 months expected credit loss is a portion of lifetime expected credit loss.

the default is not defined, the company needs to set a policy on what is considered default.

2 views0 comments

Recent Posts

See All

When apply discount on lack of marketability (DLOM) and lack of control (DLOC) on enterprise value (EV), it is a multiple of EV x (1-DLOM) x (1-DLOC). But apply the discount on Equity value would lowe

In accordance with SFRS109, investment in equity instruments must be subsequently measured at fair value. In limited circumstances, cost represents the best estimate when recent information not avail

In contract revenue to recognise using input method, one of the key audit procedures is to ascertain the budgeted cost of the project contract is reasonable. We need to test the underlining assumptio

bottom of page