The new accounting standard: pros and cons
Published on Monday, November 20, 2017 | Updated on Wednesday, November 29, 2017
The new accounting standard: pros and cons
Summary
The global financial crisis revealed that the banks had not got the resources sufficient to handle a recession as far-reaching as it turned out to be, of a magnitude only comparable with the Great Depression of the 1930s. To prevent anything similar from happening again, the G20 sponsored new accounting rules in creating new banking provisions known as IFRS 9.
Geographies
- Geography Tags
- Global
Topics
- Topic Tags
- Banks
Tags
- Tags
- G20
- financial crisis
- IFRS 9
Authors
Javier Villar
Documents and files
Warning: Invalid argument supplied for foreach() in /var/www/html/wp-content/themes/bbvaresearch/single.php on line 834