Skip to content

Moraph for clients

Sign in

Getting started

Getting started with IFRS 9 / CECL Impairment Calculator

What IFRS 9 / CECL Impairment Calculator is for, who uses it, what you need before you start, and your first steps.

Applies to IFRS 9 / CECL Impairment Calculator as it works today. Moraph updates the platform continuously, and this page is reviewed when it changes.

Last reviewed 2 min readReport a problem
On this page
  1. What it is for
  2. Who uses it
  3. Before you start
  4. Steps to get started
  5. Where to go next

The IFRS 9 / CECL Impairment Calculator estimates expected credit losses on your loan and securities portfolios from historical cohort performance, current conditions and reasonable forecasts. It supports CECL methods under ASC 326 and IFRS 9 staging, and keeps the data, model results, qualitative adjustments and approvals for each period together. Your finance team proposes the allowance and your committee approves it, with a record auditors and examiners can follow.

What it is for

Many institutions calculate the allowance in spreadsheets linked to loan extracts, with loss rates, forecast assumptions and qualitative adjustments maintained by one or two people. Each quarter-end the data is rebuilt by hand, small changes ripple through formulas nobody fully reviews, and the reasoning behind an adjustment lives in a memo written after the number was chosen. When auditors or examiners ask how a figure was reached, the team reconstructs it rather than showing it.

  • Portfolio data is pulled and reconciled to the general ledger by hand every period
  • Loss rates, forecasts and reversion assumptions sit in spreadsheets with little version control
  • Qualitative adjustments are hard to tie back to the evidence that supports them
  • Audit and exam requests mean rebuilding last quarter's calculation from scratch

Who uses it

  • Controllers and accounting teams who own the allowance for credit losses
  • Credit risk analysts who build loss estimates and forecasts
  • Allowance and audit committees who approve the period's estimate
  • Model risk teams who validate the methods and assumptions
  • Internal and external auditors and examiners, who need to follow each figure to its source

Before you start

  • Your organization licenses IFRS 9 / CECL Impairment Calculator from Moraph.
  • A Moraph client account in that organization, signed in.
  • Access to IFRS 9 / CECL Impairment Calculator in Moraph Apps, given by an administrator in the Moraph Portal under People and access.
  • For setup: the product administrator role.

Steps to get started

  1. Sign in at app.moraph.com with your Moraph account.

  2. Open IFRS 9 / CECL Impairment Calculator from the launcher. The first time anyone opens it, its workspace is created from the default described in Workspace reference.

  3. Check your role: what you can see and do depends on it. See Roles and permissions.

  4. Product administrators: work through Set up IFRS 9 / CECL Impairment Calculator before your team starts.

  5. Everyone else: start with Everyday tasks.

Where to go next

Was this page helpful?

Report a problem with this page
What’s the problem?
Quote the step or heading if you can. Don’t include passwords or personal records.
Only if you’d like a reply. We use it for this report and nothing else.

Need help with your own setup rather than this page? Raise a support ticket.