Valtech Valuation Completes an Assessment on Expected Credit Losses for an Iron Ore Exploration Company
Valtech Valuation Completes an Assessment on Expected Credit Losses for an Iron Ore Exploration Company
Valtech Valuation Completes an Assessment on Expected Credit Losses for an Iron Ore Exploration Company
Valtech’s valuation team has recently completed expected credit loss assessment for a Hong Kong-listed financial institution. We delivered results in timely manner despite high complexity in the loan portfolio.
The importance of proper ECL estimation should not be underestimated.
Many companies still struggle in how to fulfill the requirement to consider forward looking information in the expected credit loss adjustment. Let’s recall the standard’s requirement on this matter.
The first Business Valuation and Expected Credit Loss training seminar was successfully held on 25 November 2019 in Hong Kong. With more than 20 people from a CPA firm focusing on listed companies attended this seminar.