BSP Cir. No. 1011: Guidelines on the Adoption of the Philippine Financial Reporting Standards (PFRS) 9 – Financial Instruments

Description

Topics to be discussed:

I. Background on IFRS 9

a. Adoption as PFRS 9

b. Financial Reporting Framework

c. Governance & Supervisory Expectations

II. Classification and Measurement

a. Business Model

b. Changes in Business Model

c. Sole Payment of Principal & Interest Criterion

III. Impairment

a. Overview

b. Preparation & Building Blocks for PFRS 9 Implementation

c. Policy

Schedule: November 25, 2019 (Monday); 8:30 A.M. to 5:00 P.M.

Venue: Dusit Thani Manila, Ayala Center, Makati City.

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