IFRS 9 Impairment Solution Pro (ISP)

IFRS 9 Impairment Solution Pro (ISP) is an innovative solution designed to facilitate financial institutions in accurate computation of expected credit losses in accordance with the requirements of IFRS 9 and statutory guidelines. ISP empowers financial institutions in assessing future losses based on forward-looking macro-economic factors. It is primarily tailored for use by financial institutions, such as commercial banks, microfinance banks, fintechs, leasing companies and non-banking finance companies.

IFRS 9 Consultancy Services

Under IFRS 9 consultancy services we provide following:

IFRS 9 ECL Engine (tool)
IFRS 9 implementation and impact assessment
Review of existing IFRS 9 policies and models
IFRS 9 training and support

IFRS 9 ECL Engine

We, in partnership with a software company, have developed in-house IFRS 9 impairment calculation software. ISP has following Core modules (engines)

Expected credit loss (ECL) Engine
Probability of default (PD) Engine
Loss give default (LGD) Engine
Effective Interest rate (EIR) Engine
Staging engine

IFRS 9 implementation and impact assessment

We provide assistance in assessment of classification and measurement of financial instruments and we provide models for SPPI test and business model tests
We provide assistance in preparation of following models
- EIR model
- Probability of default- rating based
- Probability of default- DPD based
- Loss given default
- Credit conversion factor
- Estimation of life for revolving product
- Expected credit loss engine
We assist in preparation of financial statements disclosures as per requirement of IFRS 7 and IFRS 9
We prepare policies and accounting manuals related to IFRS 9
We assist in framing the governance structure and internal controls related to IFRS 9

Review of existing IFRS 9 polices and models

We provide services related to review of current IFRS 9 polices and model. Our services include:

Assess and review overall ECL estimation approach and methodologies
Review governance and controls over ECL engine
Analyze the appropriateness of the factors such as:
We assist in preparation of financial statements disclosures as per requirement of IFRS 7 and IFRS 9
We prepare policies and accounting manuals related to IFRS 9
We assist in framing the governance structure and internal controls related to IFRS 9

IFRS 9 training and support

We provide customized training programs and workshops to educate finance teams, internal auditors, and other stakeholders on the principles and requirements of IFRS 9, including practical examples, case studies, and implementation best practices. Following are example of IFRS 9 related trainings:

Introduction to IFRS 9

A comprehensive overview of the key principles, objectives, and scope of IFRS 9, including explanations of the classification and measurement of financial instruments, impairment requirements, and hedge accounting.

IFRS 9 Technical Workshops:

In-depth sessions focusing on specific technical aspects of IFRS 9, such as the classification and measurement of financial assets and liabilities, impairment modeling techniques, and hedge accounting strategies.

IFRS 9 Updates and Regulatory Developments:

Seminars and webinars providing updates on recent developments related to IFRS 9, including amendments, interpretations, and regulatory changes, and their potential impact on financial reporting practices.

IFRS 9 Refresher Courses:

Short, targeted sessions aimed at refreshing participants' knowledge of specific aspects of IFRS 9, such as impairment accounting or hedge accounting, and addressing common challenges and misconceptions.

We provide comprehensive training materials, including workbooks, manuals, and reference guides, to supplement training sessions and serve as ongoing resources for participants to reinforce their learning.

Why Financial Institutions Choose Us?

Banking Specialization

Deep expertise in retail, corporate and Islamic banking requirements

Big 4 Heritage

Methodologies developed by former Deloitte and EY professionals

Technology Integration

Seamless implementation with your existing systems

Why Choose Our IFRS 9 ECL Calculator?

We, in partnership with a software company, have developed in-house IFRS 9 impairment calculation software. ISP has following Core modules (engines)

Advanced Expected Credit Loss modeling as per IFRS 9 standards
Automated ECL calculations with real-time reporting
IFRS 9 provisioning tool for banks and financial institutions
Fully cloud-based solution – no installation required
Free downloadable ECL calculation Excel template
Custom models for trade receivables, loans, and SME portfolios
Back-testing and disclosure reports for auditors

Why Our Clients Trust Us

With decades of experience in financial reporting and credit risk management, we are one of the top IFRS 9 implementation firms in Pakistan. We offer not just tools, but complete IFRS 9 advisory services, training, and consultancy. Our intuitive ECL calculator integrates with your accounting software to deliver accurate, audit-ready results.