Journal of
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Archive » September 2016 » Risk Management and Accounting functions: a joint responsibility in loan valuation

Risk Management and Accounting functions: a joint responsibility in loan valuation

Bruno Picca
September 2016 - n. 9
Jel codes: G21, G28, G32

The increasingly significant role of credit risk and related regulatory changes has stressed the importance of financial assets' classification in the balance sheets of Italian banks. The evolution of loan valuation has been accompanied by a growing involvement of the Risk Management function, which has a joint responsibility with the Accounting function,
according to Ifrs9 principle.

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