Add ECL to Existing Lot Scenarios for IFRS

The following scenarios describe ledger entries for adding ECL to an existing lot when you use asset-level expected credit loss (ECL) with an IFRS accounting basis. 

Book Asset-Level for IFRS – FVOCI

The entity updates an existing lot with expected credit losses of $30 using the Book ECL Asset-Level panel. The lot is flagged as Stage 1, which has no accounting impact but is stored on the lot.

The ledger entries follow for an IFRS accounting basis with an FVOCI (Fair Value - Other Comprehensive Income) regulatory category. 

Book Asset-Level for IFRS – Amortized Cost

The ledger entries follow for an IFRS accounting basis with an AC (Amortized Cost) regulatory category.