Expected Credit Losses (ECL) remain one of the most judgmental and challenging areas of financial reporting under IFRS 9. This course provides a practical understanding of the ECL framework and the auditor's responsibilities when assessing models, assumptions, forward-looking information, and disclosures. Strengthen your professional judgment and learn how to audit ECL calculations effectively.
Elevating the standards of all auditors and those seeking to become auditors by upholding the principles of legislation, regulation, and quality audit management and performance.
Quests Curriculum
- 8 Levelss
- Coaching By LEAF
- Communities Support
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Levels 01 Introduction to the IFRS 9 ECL Framework
Mission(s) included in this level: 1. Welcome & Introduction
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Levels 02 IFRS 9 – ECL Framework
Mission(s) included in this level: 2. IFRS 9 – ECL Framework
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Levels 03 Audit Planning
Mission(s) included in this level: 3 Audit Planning
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Levels 04 Audit Fieldwork
Mission(s) included in this level: 4. Introduction, 5. Simplified Approach, 6. General Approach
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Levels 05 Use of Experts
Mission(s) included in this level: 7. Experts
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Levels 06 Presentation, Disclosure
Auditing ECL disclosures under IFRS 7 and IFRS 9, applying IAS 1 requirements. Mission(s) included: 8. Presentation & Disclosure
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Levels 07 Common Errors
Avoiding the common errors most frequently flagged in LEAF file reviews and regulatory inspection findings. Mission(s) included: 9. Common Errors
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Levels 08 Final Quiz
Score 80% or higher to complete the course and earn your verifiable LEAF Bronze CPD Certificate in auditing expected credit losses under IFRS 9. Mission(s) included: 10. Quiz
Success Stories
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Priya N. Assurance Professional
"This training helped me better understand the audit risks around ECL and how to approach testing effectively."
