- Perpetually Adaptive Enterprise Press tab for submenu items
Where adaptability meets advantage
At TCS, we don’t just help businesses transform. We help them become perpetually adaptive enterprises, built to evolve continuously and confidently in a world of constant change.
-
Industries
-
Services
-
Products and Platforms
-
Research & Innovation
-
Alliances
Perpetually Adaptive Enterprise
Industries
expand here
Services
expand here
Products and Platforms
expand here
Research & Innovation
expand here
- About Us Press tab for submenu items
We deliver excellence and create value for customers and communities.
Our expert, committed team put our shared values into action – every day. With the best talent and the latest technology we help customers turn complexity into opportunities and create meaningful change.
-
Brand
-
Leadership
-
Community
-
Sustainability
-
Inclusion
-
Values
- Customer Stories Press tab for submenu items
Discover why customers choose TCS
We are a digital transformation and technology partner of choice for industry-leading organizations worldwide.
-
Events
Upcoming events
29 Sep 2025 TCS BaNCS and Quartz at SIBOS 2025, Frankfurt22 Sep 2025 TCS Life Sciences Forum 2025 LondonView all03 Sep 2025 TCS at PostTrade 360°, Stockholm -
Analyst Recognition
-
Global Studies
- Build a future with us Press tab for submenu items
Want to be a global change-maker? Join our team.
At TCS, we believe exceptional work begins with hiring, celebrating and nurturing the best people — from all walks of life.
-
India
-
Americas
-
Asia Pacific
-
Europe and UK
-
Middle East and Africa
Build a future with us
India
expand here
Americas
expand here
Asia Pacific
expand here
Europe and UK
expand here
Middle East and Africa
expand here
Investor Relations
Management Commentary
expand here
Financials
expand here
News and Events
expand here
ESG
expand here
Resources
expand here
- Worldwide Press tab for submenu items
Global knowledge. Local support
At TCS, we help enterprises grow through innovative solutions globally. Adapt and thrive with us.
-
Asia Pacific
-
Europe
-
Middle East & Africa
-
North America
-
United Kingdom
Top Results
Showing
10
01 - 07
-
BANKING / white paper
You have these already downloaded
We have sent you a copy of the report to your email again.
Establishing strong internal controls for effective ECL provisioning
The International Accounting Standards Board (IASB) published IFRS 9 — Financial Instruments mandating a new expected loss impairment model and laying down guidelines on the classification and measurement of financial assets. Meeting the stringent impairment provisioning requirements prescribed by IFRS 9 underscore the need for strong internal control systems to ensure reliable financial reporting. Banks have been using the incurred loss accounting model to calculate impairment loss but IFRS 9 replaces this with the expected credit loss (ECL) accounting model. Calculating impairment loss based on the ECL model demands enormous amounts of data, calculations, and judgment. IFRS 9 compliance will therefore require a complete evaluation and validation of internal control processes. To establish strong internal controls, banks must:
- Identify areas requiring strong controls
- Determine the different functions that impact ECL calculations
- Ensure continuous monitoring
About the author
Image of Rekha George
Rekha George
Rekha George is Domain Consultant with TCS BFSI Industry Advisory Group and leads the Finance & Reporting Sub Practice.
Related reading
1/4
Banking
AI Agents: The Next Frontier of Financial Services Transformation
White Paper
|
08 Aug 2025
Opens in new tab
2/4
Banking
Artificial Intelligence
Mitigating Non-financial Risks Arising from Generative AI
Article
|
29 Jul 2025
Opens in new tab
3/4
Banking
TCS Helps Nationwide Building Society Improve Communication and CX
Customer Testimonial
|
22 Jul 2025
Opens in new tab
4/4
Banking
Data Security and Privacy in Multi-cloud Environments in BFSI Firms
White Paper
|
22 Jul 2025
Opens in new tab
Find out more
What’s on your mind?
We’re here to help! Tell us what you’re looking for and we’ll get you connected to the right people.
Looking for something else?
©2025 TATA Consultancy Services Limited
©2025 TATA Consultancy Services Limited
- Privacy Notice
- Cookie Policy
- Accessibility Declaration
- Disclaimer
- Security Policy
- California Notice at Collection
- Customize Cookies
