ISO 9001 Certified in Valuation Advisory

ISO 9001 Certified in Valuation Advisory

ASC 326

Valtech Demonstrated How Certified Public Accountants in Valuation Firm Can Enhance Reliability of ECL and Valuation

2023-07-05T08:16:03+00:00July 5th, 2023|Categories: About Valtech, Business Valuation, Careers, ECL Assessment|Tags: , , , |

Valtech Valuation ("Valtech"), a Hong Kong-based valuation firm, has recognised and demonstrated an increasingly pivotal role played by Certified Public Accountants ("CPAs") in ensuring full compliance with relevant statutory standards when preparing and reviewing expected credit loss (“ECL”) assessments and other valuations.

Common Problems and Deficiency in Expected Credit Loss Evaluation (ECL) ASC 326 IFRS 9

2023-06-15T04:09:06+00:00June 15th, 2023|Categories: Business Valuation, Financial Reporting IFRS HKFRS, IPO / Pre-IPO Case|Tags: , , , , |

One common error in expected credit loss (ECL) evaluation is the failure to adequately consider forward-looking information. ECL estimation requires assessing not only historical data but also future expectations and economic conditions. Failing to incorporate forward-looking information can lead to an underestimation or overestimation of credit losses.

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