SCOPE AND FINANCIAL IMPLICATIONS OF THE INTRODUCTION OF IFRS 9 USING THE EXAMPLE OF A COMMERCIAL BANK
The aim of the research was to identify the financial consequences of introducing IFRS 9 in a leading commercial bank in Poland. The research period was six years and covered the years 2015-2020. It was established, inter alia, that IFRS 9, compared to the previously applicable IAS 39, changed the m...
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| Main Authors: | , , , , |
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| Format: | Article |
| Language: | English |
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Wydawnictwo SGGW - Warsaw University of Life Sciences Press
2023-10-01
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| Series: | Polityki Europejskie, Finanse i Marketing |
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| Online Access: | https://pefim.sggw.edu.pl/article/view/5609 |
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| author | Sławomir Juszczyk Wioleta Bartosiak Juliusz Juszczyk Robert Konieczny Bartosz Palimonka |
| author_facet | Sławomir Juszczyk Wioleta Bartosiak Juliusz Juszczyk Robert Konieczny Bartosz Palimonka |
| author_sort | Sławomir Juszczyk |
| collection | DOAJ |
| description | The aim of the research was to identify the financial consequences of introducing IFRS 9 in a leading commercial bank in Poland. The research period was six years and covered the years 2015-2020. It was established, inter alia, that IFRS 9, compared to the previously applicable IAS 39, changed the method of measuring financial assets and thus led to changes in the balance sheet and financial results. The introduction of IFRS 9 also increased financial provisions for loans to be repaid in the bank's portfolio, |
| format | Article |
| id | doaj-art-0c185607062342a0bb82c7ae118a3374 |
| institution | Kabale University |
| issn | 2081-3430 2544-0640 |
| language | English |
| publishDate | 2023-10-01 |
| publisher | Wydawnictwo SGGW - Warsaw University of Life Sciences Press |
| record_format | Article |
| series | Polityki Europejskie, Finanse i Marketing |
| spelling | doaj-art-0c185607062342a0bb82c7ae118a33742025-02-03T05:41:37ZengWydawnictwo SGGW - Warsaw University of Life Sciences PressPolityki Europejskie, Finanse i Marketing2081-34302544-06402023-10-0129(78)10.22630/PEFIM.2023.29.78.4SCOPE AND FINANCIAL IMPLICATIONS OF THE INTRODUCTION OF IFRS 9 USING THE EXAMPLE OF A COMMERCIAL BANKSławomir Juszczyk0Wioleta Bartosiak1Juliusz Juszczyk2Robert Konieczny3Bartosz Palimonka4Warsaw University of Life Sciences – SGGWPolish Cooperative Bank CiechanówPlus Bank S.A.Virtus Sp z o.o.Warsaw University of Life Sciences – SGGWThe aim of the research was to identify the financial consequences of introducing IFRS 9 in a leading commercial bank in Poland. The research period was six years and covered the years 2015-2020. It was established, inter alia, that IFRS 9, compared to the previously applicable IAS 39, changed the method of measuring financial assets and thus led to changes in the balance sheet and financial results. The introduction of IFRS 9 also increased financial provisions for loans to be repaid in the bank's portfolio,https://pefim.sggw.edu.pl/article/view/5609IFRS 9commercial bankprovisionfinancial instrumentsevaluation. |
| spellingShingle | Sławomir Juszczyk Wioleta Bartosiak Juliusz Juszczyk Robert Konieczny Bartosz Palimonka SCOPE AND FINANCIAL IMPLICATIONS OF THE INTRODUCTION OF IFRS 9 USING THE EXAMPLE OF A COMMERCIAL BANK Polityki Europejskie, Finanse i Marketing IFRS 9 commercial bank provision financial instruments evaluation. |
| title | SCOPE AND FINANCIAL IMPLICATIONS OF THE INTRODUCTION OF IFRS 9 USING THE EXAMPLE OF A COMMERCIAL BANK |
| title_full | SCOPE AND FINANCIAL IMPLICATIONS OF THE INTRODUCTION OF IFRS 9 USING THE EXAMPLE OF A COMMERCIAL BANK |
| title_fullStr | SCOPE AND FINANCIAL IMPLICATIONS OF THE INTRODUCTION OF IFRS 9 USING THE EXAMPLE OF A COMMERCIAL BANK |
| title_full_unstemmed | SCOPE AND FINANCIAL IMPLICATIONS OF THE INTRODUCTION OF IFRS 9 USING THE EXAMPLE OF A COMMERCIAL BANK |
| title_short | SCOPE AND FINANCIAL IMPLICATIONS OF THE INTRODUCTION OF IFRS 9 USING THE EXAMPLE OF A COMMERCIAL BANK |
| title_sort | scope and financial implications of the introduction of ifrs 9 using the example of a commercial bank |
| topic | IFRS 9 commercial bank provision financial instruments evaluation. |
| url | https://pefim.sggw.edu.pl/article/view/5609 |
| work_keys_str_mv | AT sławomirjuszczyk scopeandfinancialimplicationsoftheintroductionofifrs9usingtheexampleofacommercialbank AT wioletabartosiak scopeandfinancialimplicationsoftheintroductionofifrs9usingtheexampleofacommercialbank AT juliuszjuszczyk scopeandfinancialimplicationsoftheintroductionofifrs9usingtheexampleofacommercialbank AT robertkonieczny scopeandfinancialimplicationsoftheintroductionofifrs9usingtheexampleofacommercialbank AT bartoszpalimonka scopeandfinancialimplicationsoftheintroductionofifrs9usingtheexampleofacommercialbank |