Connected Analytics’ IFRS9 Advisory service supports clients in developing, implementing and maintaining the tools and processes necessary for IFRS9 compliance. Typically, this service will include the review or definition of credit strategies, advice on an appropriate governance and organisational structure, the enhancement of loss forecasting models, assessing available IFRS9 solutions, and specifying a robust data management and reporting environment.
Our experienced analytical consultants have strong backgrounds in regulatory analytical model development. They have invested heavily in being at the forefront of understanding IFRS9 compliance and best approaches to satisfy lending and provisioning requirements, regulator review and auditor expectations. As adoption of IFRS9 methods increases, we anticipate waves of change as better practice techniques and approaches are identified and expected by external auditors. Keeping up with these changes will place demands on many organisations.
IFRS9 Advisory can provide focus for project phasing, support stakeholder engagement and accelerate time to value realisation.
This service is often provided as part of the IFRS9 Compliance Solution Set.