... classification and measurement approach, a modified impairment model based on expected credit losses, and an improved hedge accounting framework. Stakeholders, particularly banks, raised concerns about the complexity of the Expected Credit Loss (ECL) model and its potential impact on financial statements...

...Zhan Gao; Weijia Li; John O’Hanlon Banks, financial statement users, and accounting standard setters have long disagreed on the informativeness of banks’ statements of cash flows (SCFs) and there is a lack of relevant evidence in the literature. This paper examines the informativeness of the SCFs...