Neither IFRS nor US GAAP has specific guidance on accounting for cryptocurrencies. As a result, current guidelines are applied and investment in cryptocurrencies is accounted for as an indefinite-life intangible asset. Due to the absence of a fair-value option under US GAAP, crypto investments are reported at cost less impairment…

Banking-as-a-Service (BaaS) and composable banking are two developing financial services sector innovations that are changing the way banks provide financial services. BaaS is a cloud service that enables banks to quickly and simply construct new financial products and services without having to invest in the underlying technology and infrastructure. In…

The steel sector, which has been in a state of turmoil since the breakout of COVID-19, is finally hoping for some stabilisation by the end of 2023. We can also expect steady growth for the next few years. …

Panel management is a process to manage a research panel that contributes insights and feedback to ongoing qualitative or quantitative research. Research panels are essential tools for collecting valuable data and insights on a number of fields, from market research to academic studies. Mastering panel management is crucial for ensuring…

The private credit market was growing gradually for many years before it gained significant traction among investors and borrowers after the 2008 global financial crisis. …

The US Labor Department announced the consumer price index had advanced 3.0% y/y in June 2023. The increase indicated a global trend of higher inflation driven by ultra-expansionary monetary policies implemented by central banks worldwide to counter COVID-19-induced supply chain disruptions, exacerbated by higher energy prices on geopolitical issues. In…

According to the International Energy Agency (IEA), 10.3m electric vehicles (EVs) were sold in 2022, compared to 3.0m in 2020 — an almost fourfold increase in just two years. EV sales accounted for only 4% of the global car market in 2020, but the share was c.14% in 2022. …

Risk regulations as well as financial reporting require banks to measure expected loss for its products. Though obvious synergies are expected between their measurements in Basel III and IFRS 9, the usability of components from one to the other would require significant adjustments. The European Banking Authority is working towards bridging this gap between Risk and Finance functions within banks. EBA, in its guidelines on 26th July 2016, intends to follow Basel Committee of Banking Supervision’s supervisory guidance on ensuring sound credit risk management practices on implementing and applying IFRS 9 impairment models.

Failing to review the quality of earnings of your underlying investments is similar to investing in derivative instruments. Learn why quality of earnings reviews are important in the investment due diligence process and identify common tricks used by some executives to distort earnings. We present quality of earnings red flags, which act as early warning indicators. The webinar also presents our experience in carrying out quality of earnings reviews. We take you through some of our experiences — including highlights from a review a couple of years before it made headlines