Serving the Quantitative Finance Community
IAS 39 / EITF
Hi,Straw Poll:What tolerence levels are being used on "unobservable" P&L on EITF and IAS 39?RegardsPabo
IAS 39 / EITF
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.