This article is by Eva De Leon, Product Manager for Hedge Accounting Solutions at Bloomberg L.P. It appeared first on TMI. For years, accounting and risk management have not always been fully in sync.

The three tenets driving this transformation to hedge accounting under IFRS 9 are the removal of burdensome quantitative assessments such as the so-called ‘80–125% effectiveness test’, derivatives ...

Moody’s Analytics has won the IFRS 9 solution of the year for offering a modular, flexible and comprehensive enterprise-wide solution that has dramatically helped financial institutions to comply with ...

Explore the major differences between IFRS and U.S. GAAP, including inventory write-downs, intangible assets, and accounting ...

Financial institutions around the world are revising how they estimate credit losses, but institutions subject to the International Accounting Standards Board’s standards have gotten a head start on ...

Interplay between the economic and accounting impact of new International Financial Reporting Standards (IFRS 17 Insurance Contracts and IFRS 9 Financial Instruments) is challenging the asset and ...

The profits of the big Canadian banks may take a hit from a change in international accounting rules, says Fitch Ratings in a new report. The Big Six banks “may see volatile swings” in their loss ...

Recent amendments to tax legislation in SA, combined with sweeping changes to the accounting reporting landscape brought about by significant new standards such as IFRS 9, have created complex and ...

TORONTO, July 6, 2018 /CNW/ - In 2018, Scotiabank has committed or deployed approximately $7 billion in capital towards five acquisitions that will grow the Bank in line with its strategy. The ...

Acquisition outlook and anticipated timing of accretion to Diluted EPS remain unchanged TORONTO, July 6, 2018 /CNW/ - In 2018, Scotiabank has committed or deployed approximately $7 billion in capital ...

LONDON--(BUSINESS WIRE)--Moody’s Analytics has won IFRS 9 Solution Provider of the Year in the 2021 Insurance Asset Risk Awards. It is the latest recognition for our capabilities in this space ...