IFRS 9 · IPSAS 41 · GCC
Defensible ECL provisioning for CFOs and finance teams in the GCC, designed to support IFRS 9 and IPSAS 41 requirements without building an in-house quant team.
Provision run
Reporting date 30 Jun 2026
Gross exposure
75.2M
ECL provision
2.3M
Increase of 8.7%vs prior period
| Ageing bucket | Balance | Loss rate | Loss rate | ECL |
|---|---|---|---|---|
| Current | 42,150 | 0.4% | 168.6 | |
| 1–30 days | 18,420 | 1.2% | 221.0 | |
| 31–60 days | 7,860 | 3.5% | 275.1 | |
| 61–90 days | 3,240 | 8.9% | 288.4 | |
| 91–180 days | 2,110 | 21.4% | 451.5 | |
| Over 180 days | 1,380 | 64.0% | 883.2 | |
| Total | 75,160 | 3.04% | 2,287.8 |
The problem
Provision matrices kept in personal workbooks break quietly: a dragged formula, a hard-coded rate, two versions in circulation. The number moves and nobody can say why.
Every year-end brings the same questions: how were loss rates derived, what drives the forward-looking adjustment, who approved the overlay. Rebuilding the answers takes weeks.
Ageing reports, macroeconomic inputs and journals are stitched together by hand every period, pulling senior people from review into data preparation.
How it works
Upload receivables ageing or exposure data from spreadsheet or ERP exports. Columns are mapped once and every file is validated before it can be used.
Set ageing buckets, segments, historical loss rates and forward-looking adjustments. Each change is versioned with who made it and why.
Run, review and approve. Export disclosure-ready tables with the run ID, assumption version and full history attached.
Approaches
Most ECL tools stop at IFRS 9. The platform also treats IPSAS 41 as a first-class framework for public sector reporting.
Lifetime ECL from day one through a provision matrix. For trade receivables, contract assets and lease receivables.
A three-stage model: 12-month ECL while credit risk is stable, lifetime ECL once it has increased significantly.
The public sector counterpart to IFRS 9, for government bodies and government-related entities.
Capabilities
An append-only record of imports, assumption changes (before and after, with a reason), runs, approvals and exports.
Start with the core platform and add automation modules when your process needs them, not before.
Help preparing responses to your external auditor's questions on methodology and assumptions.
Provision matrix, ECL movement and ageing tables in XLSX and PDF, each stamped with run ID and assumption version.
Run each legal entity with its own currency, year-end and framework, and switch between them in one place.
Preparer and reviewer roles with maker-checker approval, plus read-only access you can give your auditor.
Two ways to buy
We offer an integrated solution tailored to your needs, with automation modules available on demand.
A structured provision matrix workbook for entities with straightforward receivables and no need for a platform.
Resources
How to segment, age and calibrate loss rates for a regional receivables book.
Building defensible macroeconomic overlays and scenario weights for GCC economies.
Where the two standards align, where they differ, and what that means for your allowance.
FAQ
See the methodology, the audit trail and the outputs with sample data, and talk through how it would fit your entity structure.