IFRS 9 issued in 2014 supersedes all previous versions and is mandatorily effective for periods beginning on or after 1 January 2018 with early adoption permitted (subject to local endorsement requirements). For a imited period, previous versions of IFRS 91 may be adopted early, provided the relevant date of initial application is before 1 February 2015 (again, subject to local endorsement requirements).

1. Partnership
Expertise
& IP
Experience People
Overview of IFRS 9 and the
New Impairment Model

2. 1. Background
2. IFRS 9 classification and measurement
3. IFRS 9 impairment
What’s different about impairment recognition under IFRS 9?
Example of calculation under IFRS 9
Expected credit loss framework – scope of application
4. Three stages of impairment
5. Disclosures
About Bramasol, Inc
Content

3. Copyright © 2018 Bramasol Inc. www.bramasol.com3
Overview of IFRS 9 and the New Impairment Model
IFRS 9 Financial Instruments is the IASB’s replacement of IAS 39 Financial Instruments: Recognition and Measurement.
The Standard includes requirements for recognition and measurement, impairment, derecognition and general hedge
accounting.
IFRS 9 issued in 2014 supersedes all previous versions and is mandatorily effective for periods beginning on or after 1
January 2018 with early adoption permitted (subject to local endorsement requirements). For a limited period, previous
versions of IFRS 91 may be adopted early, provided the relevant date of initial application is before 1 February 2015
(again, subject to local endorsement requirements).
The new standard is based on the concept that financial assets should be classified and measured at fair value, with
changes in fair value recognized in profit and loss as they arise (“FVPL”), unless restrictive criteria are met for classifying
and measuring the asset at either Amortized Cost or Fair Value Through Other Comprehensive Income (“FVOCI”).

4. Copyright © 2018 Bramasol Inc. www.bramasol.com 4
Bramasol is the leader in SAP Treasury, Leasing, Revenue Recognition and Office of the CFO Solutions. As the Office of
the CFO moves from recording the past and documenting the present, to driving innovation and strategy, Treasury plays
a key role in the management of cash, risk and driving innovation. Bramasol is a leader in SAP finance solution delivery.
This eBook caries value insights on;
»» IFRS 9 classification and measurement
»» IFRS 9 impairment
»» Three stages of impairment
»» Twelve-month versus lifetime expected credit losses
Link to the Full eBook- https://hubs.ly/H0k907G0

5. Copyright © 2018 Bramasol Inc. www.bramasol.com5
About Bramasol, Inc.
Bramasol is the leader in SAP Leasing, Revenue Recognition and Office of the CFO Solutions
Bramasol is the Leasing leader and a recognized SAP Leasing services partner for companies seeking to comply
with and benefit from the new Leasing standards. Our SAP-certified experts, partnering with SAP and Nakisa, have
lead the way in education and enablement of the new Leasing standards. Even before the announcement of the
new IFRS 16 and ASC 842 standards, Bramasol was working to educate companies on the coming changes and
how to leverage the existing Revenue Recognition work to help with compliance. Our industry leading experience
and focus on Office of the CFO solutions, enables our customers to ramp up quickly and evaluate the options to
not only comply with the standards, but transform finance during the process.
Bramasol is also the Revenue Recognition leader and a recognized SAP Revenue Recognition services partner
for companies seeking to comply with and benefit from the new Rev Rec standards. Our SAP- certified experts,
partnering with SAP, assisted in the majority of SAP Revenue Accounting and Reporting Ramp-Up projects. Driving
successful workshops, Proofs of Concept, and implementation projects throughout the U.S., Bramasol is the go-
to partner with the experience and expertise for companies wanting to leverage SAP Revenue Accounting and
Reporting to comply with ASC-606 and IFRS 15.
Currently, Bramasol is performing implementations and Proofs of Concept/Pilots for additional clients; proving
that Bramasol is a go-to partner with experience and expertise for companies wanting to utilize SAP Revenue
Accounting and Reporting to be compliant with the Financial Accounting Standards Board (FASB) current US
Generally Accepted Accounting Principles (GAAP) revenue recognition standard or the newly announced ASC-
606 and International Financial Reporting Standards (IFRS) 15 addressing the“Revenue From Contracts with
Customers”.
Whether you are looking for a SaaS, hosted or on-premise solution, Bramasol has worked with over 150 clients to
solve business challenges using SAP solutions including SAP Business Suite, SAP Business All-in- One, SAP Business
Intelligence solutions, SAP Business ByDesign®, the SAP HANA® platform and mobile solutions. If you are looking to
build a platform for growth or just be“Rev Rec Ready”, contact us and we can help.
Contact Information:
United States – Headquarters
Bramasol, Inc.
3979 Freedom Circle, Suite 620 Santa Clara, CA 95054
Toll Free (866) 625-9878
Phone +1 (408) 831-0046
Fax (408) 831-0047
info@bramasol.com