FRC: Taskforce on Disclosures about Expected Credit Losses (DECL) updated guidance

17 Dec 2019 10:39 AM

The Taskforce on Disclosures about Expected Credit Losses (DECL) has published updated guidance on what good IFRS 9 Expected Credit Loss accounting (ECL) disclosures look like. 

The guidance is aimed primarily at the biggest UK-headquartered banks and building societies, but is also likely to be relevant to a much wider group of preparers.

The updated guidance can be viewed here. 

A letter from the co-chairs can be viewed here. 

The Taskforce's Press Release can be viewed here. 

The Taskforces's original report can be viewed here.