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pabo
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Joined: February 4th, 2004, 1:22 pm

IAS 39 / EITF

May 24th, 2005, 9:06 am

Hi,Straw Poll:What tolerence levels are being used on "unobservable" P&L on EITF and IAS 39?RegardsPabo
 
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Watchman
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Joined: November 13th, 2003, 1:52 pm

IAS 39 / EITF

May 24th, 2005, 4:57 pm

At Watchman Towers we don't really apply a tolerance threshold, we reserve pretty much everything.I'm interested in what sort of stuff different houses regard as observable, and how they set about demonstrating observability - over here, its a painful process.