Archives - Accounting and Auditing

• 18 December 2015 Guidance on credit risk and accounting for expected credit losses

  This document sets out supervisory guidance on sound credit risk practices associated with the implementation and ongoing application of expected credit loss (ECL) accounting frameworks.

  Content Type(s): Compendium Source(s): BCBS Policy Area(s): Financial Regulation and Supervision Topic(s): Accounting and Auditing, Credit Risk, Prudential Supervision and Oversight

• 4 December 2015 International Standards on Auditing (ISA)

  International Standards on Auditing (ISAs) are professional standards that deal with the independent auditor's responsibilities when conducting an audit of financial statements. ISAs contain objectives and requirements together with application and other explanatory material.

  Content Type(s): Compendium Source(s): IAASB Policy Area(s): Institutional and Market Infrastructure Topic(s): Accounting and Auditing