AmCham Member EY Armenia Recent Publication on IFRS (International Financial Reporting Standards) Accounting Considerations

AmCham Member EY Armenia is pleased to share with you their recent publication on IFRS accounting considerations in view of the coronavirus pandemic for Armenian banks and credit organizations.

In this brochure, they analyzed accounting considerations for banks in respect of the following aspects:

  • Loan modifications
  • Expected credit loss (ECL) assessments
  • Government co-financed and fully financed loans to
  • qualifying borrowers, provided through banks – recognition related aspects
  • Rent concessions.

To read the publication in English or Armenian, visit EY Armenia official website by the link below: