Using ACL Analytics for Effective IFRS 9 Audits in Banks
Introduction: The Challenge of Auditing IFRS 9 Since the introduction of IFRS 9 Financial Instruments, banks have faced increased regulatory scrutiny, requiring robust processes to classify financial instruments, estimate Expected Credit Losses (ECL), and ensure data accuracy across loan portfolios. For auditors, ensuring compliance with IFRS 9 requires analyzing full…


