IFRS 9 requires entities to include in their reported results expected credit losses on their financial assets by considering multiple-economic scenarios. This means that the impact and uncertainty of Brexit needs to be considered at the reporting date; however, the possible impact of Brexit will change up until the entity issues its financial statements.
Join us on Thursday 28 February 2019 for a breakfast briefing where we will examine the requirements of IFRS and explore what this means in practice.
Our speakers will provide an overview of:
- What are the accounting standards requirements
- The Brexit outlook, as at 31 December 2018
- The economic outlook
- What clients are doing in practice.
We very much hope that you can join us. Please feel welcome to extend the invitation to your colleagues. If you have any questions in connection with the event, please email Stacey Allport.
The breakfast briefing will be facilitated under Chatham House Rules, to encourage free and constructive debate among speakers and participants. The discussion will involve interaction with the speakers throughout and delegates will be encouraged to ask questions that are relevant to their businesses.