IFRS 9 impairment made practical
W.Consulting developed the ECL.Calculator for trade receivables, contract assets and lease receivables. It uses historical credit behaviour, IFRS intelligence and quantitative methods to deliver an IFRS 9-compliant expected credit loss computation with forward-looking information.
Complexity Made Simple
The calculator guides entities through a simplified matrix approach and produces reporting outputs that support year-end financial reporting.
IFRS 9 requires impairments for trade receivables to be calculated on an expected credit loss basis.
Once activated, the ECL.Calculator asks you to upload historical customer data such as monthly debtors aged analysis, write-offs experienced and recoveries achieved. The calculator does the rest.
The ECL computation is delivered in a report with information required for financial statements and appendices to support audit review, including methodology, key inputs, uploaded data and regression analysis outcomes.
ECL.Calculator Process
Product Overview
The original product page includes a video overview explaining the tool and its IFRS 9 application. This static version links directly to that video asset.
Pricing
You can revise your portfolio, but only one final report can be produced per fee.
Create a new organisation and start the ECL.Calculator workflow.
Click Here to RegisterPayments are made by secure credit card or EFT for South African clients only.
Existing clients can access the ECL tool and previous year-end provisions.
Click Here to LoginFAQs
The ECL.Calculator assists companies calculating an IFRS 9 impairment model where they are required or have elected to use the simplified matrix approach for trade receivables, contract assets and lease receivables. It does not use the three-stage general model approach.
Yes. The model incorporates forward-looking information such as gross domestic product, inflation, unemployment rates and interest rates to calculate the provision.
The calculator works in numerous countries listed on the sign-up page. If your country is not listed, contact the team and the database can be updated to include the relevant economic data.
The calculator produces a detailed report companies can use for year-end IFRS financial reporting.
Companies use a matrix approach to calculating impairments. The process section above outlines the ECL.Calculator workflow.
The calculation can be complex and time consuming for entities without in-house specialists. Auditors cannot complete these calculations for their clients due to independence restrictions.
About W.Consulting
W.Consulting is an IFRS advisory firm assisting clients globally with the implementation of IFRS, adoption of standards and IFRS valuations.
JSE-accredited IFRS specialists assisting listed companies, multinationals and large state-owned enterprises.
End-to-end transaction support, business valuations, due diligence and financial reporting support.
Subject matter experts delivering training programmes across South Africa, the continent and international markets.
Dynamic IT applications that combine learning and technology into efficient, tailored platforms.
Get In Touch
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Mauritius, 90203
Tel: +230 452 3975 / 6
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United Kingdom
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