...
Amortized Cost with FX Rate of 1.00
Amortized Cost | ||||
|---|---|---|---|---|
Transaction 1 | ECL Local | FX Rate | ECL Base | |
1/15/2017 | Book ECL Collective Level panel | 200.00 | 1.00 | 200.00 |
Acct # | Description | Local Dr | Cr | Base Dr | Cr |
|---|---|---|---|---|---|
1010010419 | Allowance for ECL-AC | 200.00 | 200.00 | ||
5001000902 | Impairment Expense for ECL-AC | 200.00 | 200.00 |
Fair Value-OCI with FX Rate of 1.00
Fair Value-OCI | ||||
|---|---|---|---|---|
Transaction 1 | ECL Local | FX Rate | ECL Base | |
1/15/2017 | Book ECL Collective Level panel | 200.00 | 1.00 | 200.00 |
Acct # | Description | Local Dr | Cr | Base Dr | Cr |
|---|---|---|---|---|---|
1010010419 | Allowance for ECL-FV-OCI | 200.00 | 200.00 | ||
5001000902 | Impairment Expense for ECL-FV-OCI | 200.00 | 200.00 |
Amortized Cost with FX Rate of .80
Amortized Cost | ||||
|---|---|---|---|---|
Transaction 1 | ECL Local | FX Rate | ECL Base | |
1/15/2017 | Book ECL Collective Level panel | 200.00 | 0.80 | 250.00 |
Acct # | Description | Local Dr | Cr | Base Dr | Cr |
|---|---|---|---|---|---|
1010010419 | Allowance for ECL-AC | 200.00 | 250.00 | ||
5001000902 | Impairment Expense for ECL-AC | 200.00 | 250.00 |
Fair Value-OCI with FX Rate of .80
Fair Value-OCI | ||||
|---|---|---|---|---|
Transaction 1 | ECL Local | FX Rate | ECL Base | |
1/15/2017 | Book ECL Collective Level panel | 200.00 | 0.80 | 250.00 |
Acct # | Description | Local Dr | Cr | Base Dr | Cr |
|---|---|---|---|---|---|
1010010419 | Allowance for ECL-FV-OCI | 200.00 | 250.00 | ||
5001000902 | Impairment Expense for ECL-FV-OCI | 200.00 | 250.00 |
Expected Credit Loss: Increase
...
New Local Amount 300 Current Fx Rate .75
New Base Amount 383.33 (250 + (100 ecl increase/.75) = 383.33)
Amortized Cost | ||||
|---|---|---|---|---|
Transaction 2 | ECL Local | FX Rate | ECL Base | |
2/15/2017 | Book ECL |
Collective Level panel | 300.00 | 0.75 | ||
ECL Prev | 200.00 | 250.00 | ||
Increase | 100.00 | 0.75 | 133.33 | |
Total ECL | 300.00 | 383.33 |
Acct # | Description | Local Dr | Cr | Base Dr | Cr |
|---|---|---|---|---|---|
1010010419 | Allowance for ECL-AC | (200.00) | (250.00) | ||
5001000902 | Impairment Expense for ECL-AC | (200.00) | (250.00) | ||
1010010419 | Allowance for ECL-AC | 300.00 | 383.33 | ||
5001000902 | Impairment Expense for ECL-AC | 300.00 | 383.33 | ||
Expected Credit Loss: Decrease
...
Previous Local Amount 300
Previous Base Amount 383.33
New Local Amount 180
New Base Amount 230
ECL local amount reduction = 40%. New base amount = 230 (383.33 – (.40 *383.33 previous base))
Amortized Cost | ||||
|---|---|---|---|---|
Transaction 3 | ECL Local | FX Rate | ECL Base | |
3/15/2017 | Book ECL |
Collective Level panel | 180.00 | none | 230.00 | |
ECL Prev | 300.00 | 383.33 | ||
Acct # | Description | Local Dr | Cr | Base Dr | Cr |
|---|---|---|---|---|---|
1010010419 | Allowance for ECL-AC | (300.00) | (383.33) | ||
5001000902 | Impairment Expense for ECL-AC | (300.00) | (383.33) | ||
1010010419 | Allowance for ECL-AC | 180.00 | 230.00 | ||
5001000902 | Impairment Expense for ECL-AC | 180.00 | 230.00 |