- This topic has 3 replies, 2 voices, and was last updated 5 years ago by
.
Viewing 4 posts - 1 through 4 (of 4 total)
- Posts
Why would we unwound credit losses and why do we keep a loss allowance pot for those financial assets at amortised cost and not for those via OCI.
ThanksNo loss allowance for FVTOCI because asset already measured at fair value
Unwinding credit losses is about time value of money – I know a credit loss is not a liability, but pretend in your mind that it’s a bit like a liability
Viewing 4 posts - 1 through 4 (of 4 total)
- The topic ‘Unwinding credit losses’ is closed to new replies.