Note, the ratio values are over 0.08 (8%) – the max being 0.080 + 0.025 = 0.105 (10.5%). Graph made with GLE.
Just returning from a talk by Sir David Tweedie. Funny as always and sharp, he discussed a short history on accounting standard setting. He spared few parties, with France taking most of his flak. Perhaps Sir David has a point. Accounting standard setting would be different if France was not involved. But why blame France?… Read More What actually is Basel’s contribution to the new IASB impairment model?