Estimating expected lifetime of revolving credit facilities in an IFRS 9 framework
What period should credit losses be estimated over in IFRS 9? When the standard on how to account for credit losses moves to an expected loss approach, there is a need to find out how far into the future to look for losses. This is known as the expected lifetime, and I have dived into interpreting how the IFRS 9 standard can be implemented in a model for expected lifetime for credit cards and simi
