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IFRS 9 ECL Modelling · Audit-ready

IFRS 9 Expected Credit Loss (ECL) Modelling Services

Expected credit loss models that stand up to auditors and regulators. Clarity Founders builds IFRS 9 ECL calculations and models — staging, PD, LGD and EAD — with audit-ready workings for banks, NBFCs and companies carrying significant receivables.

3-stage classificationPD / LGD / EADSICR criteriaForward-looking macroAudit-ready workingsModel validation

What we do

End-to-end IFRS 9 impairment work, from data to a provision your auditors can sign off.

ECL model build

End-to-end expected-credit-loss models using the three-stage approach, from data preparation to the final provision.

PD, LGD & EAD

Probability of default, loss given default and exposure at default estimated with methods appropriate to your portfolio and data.

Staging & SICR

Practical, defensible criteria for staging and significant increase in credit risk, with the triggers documented.

Forward-looking information

Macroeconomic scenarios and weightings incorporated so provisions reflect the outlook, not just the past.

Audit-ready workings

Transparent calculations and documentation your auditors and regulators can follow and sign off.

Model review & validation

Independent review of an existing ECL model to test assumptions, logic and compliance.

How we work

A methodology matched to your data, documented at every step.

Assess data & portfolio

We review your loan or receivables data, segmentation and history to choose the right approach.

Design the methodology

We define staging, PD/LGD/EAD methods and forward-looking scenarios, and agree them with you.

Build & calculate

We build the model, run the ECL and reconcile the provision to your accounts.

Document & support audit

We document the methodology and assumptions and support you through audit and regulatory review.

Who it's for

Any institution or company that has to provision for credit risk under IFRS 9.

  • Banks and DFIs provisioning under IFRS 9
  • NBFCs, leasing and microfinance institutions
  • Investment and financial-services companies
  • Companies with significant trade or lease receivables
  • Businesses adopting IFRS 9 for the first time
  • Institutions needing an existing ECL model validated

What you get

A defensible model and the documentation to prove it.

  • A working IFRS 9 ECL model for your portfolio
  • Documented staging, PD, LGD and EAD methodology
  • Forward-looking scenario analysis
  • ECL provision reconciled to your accounts
  • Model documentation for auditors and regulators
  • A named FCA accountable for the model

Why Clarity Founders

Technical IFRS 9 depth, applied with an auditor's eye.

Technical depth

IFRS 9 expertise applied practically, not just theoretically.

Audit-ready

Workings and documentation built to pass external audit and regulatory scrutiny.

Right-sized

Methodology matched to your data and portfolio, avoiding needless complexity.

Pakistan & international

Aligned with SBP and SECP expectations and IFRS as applied globally.

Frequently asked questions

What is the IFRS 9 expected credit loss model?

IFRS 9 requires provisions based on expected, not incurred, losses using a three-stage approach and the components PD, LGD and EAD, with forward-looking information factored in.

What are the three stages under IFRS 9?

Stage 1 is performing (12-month ECL), Stage 2 is a significant increase in credit risk (lifetime ECL), and Stage 3 is credit-impaired (lifetime ECL on a net basis). We set defensible criteria for each.

Do I need PD, LGD and EAD if my data is limited?

Yes, but the methods scale to your data. For thinner portfolios we use simplified, well-documented approaches that still meet IFRS 9.

Can you validate a model we already have?

Yes. We independently review the assumptions, logic and documentation and recommend improvements.

Will the model pass audit?

We build the workings and documentation specifically so your auditors and regulators can follow and sign off the provision.

Get an ECL model that holds up

Book a free consultation and we'll scope an IFRS 9 model matched to your portfolio and auditors.

Book a free consultation