Applying the 3-stage Impairment Model

IFRS 9 Financial Instruments introduced the application of the “expected credit loss” (ECL) model. The ECL model is applicable to all financial assets subsequently measured at amortised cost and debt instruments at fair value through other comprehensive income. This includes intercompany loans included in the separate financial statements. As intercompany loans with subsidiaries are eliminated […]

Supporting Your Business Growth Aspirations Through Insolvent Acquisitions

Buying a business out of an insolvency process can be a great way to create opportunities for other organisations to expand while saving jobs at the same time. However, there are many pitfalls that need to be carefully considered and a different type of expertise is required compared to normal M&A transactions. Here are just […]