Global

Details

  • Service: Audit, IFRS
  • Type: Business and industry issue
  • Date: 8/17/2011

IFRS Practice Issues for Banks: Loan acquisition accounting 

This first edition of IFRS Practice Issues for Banks provides guidance and examples on the accounting for acquired loans. Market conditions over the past few years have changed the level and nature of loan portfolio sales and acquisitions. However, loan purchases continue to be a way to acquire loans suited to risk appetite without the need to complete full origination processes; they also enable buyers to take advantage of attractively priced portfolios of loans. We explain topics such as recognising and classifying the acquired loans, separating embedded derivatives and measuring the loans subsequent to initial recognition.
Loan acquisition accounting
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