Meet the requirements of IFRS9
What is IFRS 9 about?
A structured questionnaire that, when answered "Yes" or "No", allows to assess whether a given financial instrument meets the condition of "pay only principal and interest" relevant to its classification under IFRS 9.
Based on the invoice repayment data, the tool estimates the expected credit loss for the trade receivables portfolio.
Based on the financial data of the counterparty, the tool estimates the expected credit loss for individual financial instruments (e.g. loans granted, significant receivables).
Based on the financial data about the borrower, the tool estimates the fair value of the loans granted.
Based on the financial data of the valued company, the tool estimates the significance of the potential difference between the valuation of minority shares using the historical cost method and the fair value method.
Based on the financial data of the entity that was granted the guarantee, the tool estimates the expected credit loss on this exposure.
Based on the information provided by the user, the tool estimates the discount rates that can be used, for example, to measure balances resulting from lease payments in accordance with the IFRS16 Leases standard.
Based on the information provided by the user, the tool estimates the level of the weighted average cost of capital (WACC).
Quick and simple implementation process
The application for IFRS9, based on MS Excel spreadsheets, is easy to use and intuitive for the user.
Does not engage IT Team
It does not require installation of any other software or interference by the IT department.
Support in use
At the application implementation stage, we provide introductory workshops on the application of the IFRS9 standard, and then additional ongoing consulting.
Automatization of calculations
The tool allows you to streamline/improve the calculation process and save time.
We provide customers with detailed instructions for individual modules, explaining comprehensively the calculation process and functionality of a given module.
The tool was prepared based on the requirements of IFRS 9 and the practical experience of PwC experts.