期刊名称：Ovidius University Annals: Economic Sciences Series
电子版ISSN：2393-3127
出版年度：2015
卷号：15
期号：1
语种：English
出版社：Ovidius University Press
摘要：After the financial crisis in 2007, the accounting regulators and practitioners became aware of the deficiencies in the international accounting regulations about credit risk assessment and measurement. Therefore, IFRS 9 was released in order to replace the existing IAS 39. One of the most important provisions of IFRS 9 is the replacement of the impairment loss model of credit risk evaluation with an expected credit loss model. It’s application will lead to an increase in bank’s provisions for non-performing loans and it may lead to a more stable banking industry. The following paper presents the main provisions of IFRS 9 on the assessment of credit risk and reviews the current situation of the Romanian banking system in an attempt to determine the impact of IFRS 9’s implementation.
