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MFRS 7
MFRS 7
Quantitative Disclosure
Entity can be disclose with the conclusion of the risk and concentration of risk.
Credit risk
One party fails to discharge an agreement and causes the other party to have a financial loss.
The entity should disclose information about its exposure to credit risk. It must include:
a) At reporting date is the best to represent its maximum credit risk exposure.
b) Credit risk must be significant of credit risk
Liquidity risk
When there is a difficulty on raising fund to meet the target that related with financial
instruments. It must include:
a) The financial liability maturity review which shows the remaining contractual
maturities
b) A description of how the entity manages risk of liquidity
Market Risk
It must include
a) A sensitivity analysis for every type of market risk the entity is exposed to
b) Methods or assumptions used in the preparation of the sensitivity test
c) Changes in methods and assumptions used from the preceding period, and changes