Account Information

Financial Statement Income Statement
Normal Balance Debit

Definition

Expected credit losses on debt investments (e.g., government bonds, corporate bonds) under the Expected Credit Loss (ECL) model. Classified under "Other Losses" as non-operating. Offset by "Allowance for Credit Losses - Debt Investments" on balance sheet.

📐 IFRS vs US GAAP Accounting Treatment

IFRS IAS 21 / IAS 16 / IFRS 9 / IAS 36 Multiple Standards
US GAAP ASC 830 / ASC 360 / ASC 320 / ASC 326 / ASC 350 Multiple Standards

❓ Frequently Asked Questions

Q: What is expected credit loss expense on debt investments?

A: Expected credit losses on debt investments (e.g., government bonds, corporate bonds) under the Expected Credit Loss (ECL) model.

Q: How are these losses calculated?

A: Based on analysis of probability of default, loss given default, and exposure amount, over the expected life of the bond.