Using IFRS9 to measure expected credit risk An applied research in Al-Rafidain Bank, the General Administration

Abstract

This research dealt with the topic of using the IFRS9 accounting standard to measure the expected credit risks through applying the IFRS9 accounting standard procedures to analyze and measure the provision for expected credit losses accurately according to scientific foundations. The research problem was the weak interest of some banks in relying on the International Accounting Standard IFRS9 to define and measure the expected credit loss provision The aim of the research is to get acquainted with the concept and objectives of the accounting standard IFRS9 and to get acquainted with the concept of bank credit and its types as well as defining and measuring the provision for expected credit losses according to scientific foundations based on the standard. The internal and external environment changes, and the most important recommendations are the necessity of applying the IFRS9 accounting standard to accurately determine and measure the expected bank credit risks.