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  • in combination with the user interface Customer Impairment Workbench or
  • as an embedded module in FlexFinance product family, fed with relevant data from a source without using the Customer Impairment Workbench.

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The Customer Impairment Workbench considers captured recovery information and scenarios equally for all configured GAAPs. In particular, it applies scenarios for IAS39 IAS 39 as well as for IFRS, hence there is no obligation to capture more than 1 scenario. If the accounting rules engine is in use, specific accounting rules for different GAAPs will be taken into account.

From a GAAP perspective, Customer Impairment  supports the following implementation scenarios:

  • IAS39 IAS 39 or IFRS9  IFRS 9 -> Fully supported.
  • IAS39 IAS 39 and IFRS9  IFRS 9 parallel -> Fully supported. But please note: Recovery information is GAAP neutral. Recovery information captured in the UI will be considered for all active GAAPs.

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