IFRS 9: are you ready for the final countdown?
Financial Services - connected?
Two new EY surveys to benchmark your implementation status with your peers.
The adoption of IFRS 9 requires significant enhancements to a financial institution’s organizational engagement, data, systems, quantitative models and governance, among other areas. The methodology under IFRS 9 also introduces more judgment, complexity and volatility in reporting, resulting in a need for intensive oversight and enhanced stakeholder scrutiny. Recently EY performed two IFRS 9 surveys intended to assess the state of readiness in the implementation of the IFRS 9 programs and to provide a unique opportunity to benchmark with your peers.