Global Financial Crisis and Accounting Rules： The Implications of the New Exposure Draft （ED） Financial Instruments： Expected Credit Losses on the Evaluation of Banking Company Loans  

作　　者：Gianluca Risaliti Greta Cestari Mariarita Pierotti 

机构地区：[1]University of Napoli Parthenope, Napoli, Italy [2]University of Ferrara, Ferrara, Italy [3]University of Milano-Bicocca, Milan, Italy

出　　处：《Journal of Modern Accounting and Auditing》2013年第9期1141-1162,共22页现代会计与审计（英文版）

摘　　要：During the financial crisis, the delayed recognition of credit losses on loans and other financial instruments was identified as a weakness in existing incurred loss model of impairment stated by International Accounting Standards （IAS） 39, because it is believed that this delay might generate pro-cyclical effects. In response to the recommendations of G20, Financial Crisis Advisory Group （FCAG）, and other international bodies, the International Accounting Standards Board （IASB） has undertaken, since 2009, as a part of the project to replace IAS 39, a project （partially shared with Financial Accounting Standards Board （FASB）） aimed at introducing an expected loss model of impairment. Within the scope of this subset project, the IASB has previously issued two exposure documents proposing models to account for expected credit losses： an exposure draft （ED） Financial Instrument： Amortized Cost and Impairment, published in November 2009, and a supplementary document （SD） Financial Instrument： Impairment, published jointly with the FASB in January 2011. However, neither of the two proposals received strong support from interested parties. Recently, the IASB, after the FASB＇s decision to withdraw from the joint project and to develop a separate expected credit loss model based on a single measurement approach consisting in the sole recognition of lifetime expected credit losses, published a third proposal--Ahe so-called expected credit losses model （ED/2013/3 Financial Instruments： Expected Credit Losses）.

关 键 词：impairment expected credit losses International Accounting Standards （IAS） 39 financial instruments global financial crisis banking company loans credit quality 

分 类 号：F233[经济管理—会计学] TK474.7[经济管理—国民经济]