paragraphs 36-38, B9 and B10
Disclosure objectives
BC48A In developing the impairment disclosure requirements in this IFRS, the Board sought to supplement the existing disclosures to meet the additional information needs of users of financial statements that will arise specifically from an impairment model based on expected credit losses. When relevant, the Board has considered the comments received on the disclosure requirements proposed in the original Exposure Draft Financial Instruments: Amortised Cost and Impairment (the '2009 Impairment Exposure Draft') and the Board-only appendix to the Supplementary Document Financial Instruments: Impairment.
BC48B During the development of the expected credit loss requirements, the Board acknowledged that any approach that attempts to reflect expected credit losses will be subject to measurement uncertainty and will place greater emphasis on management's judgement and the quality of the information used.
BC48C However, the Board believes that
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