062611e1_anual_for_asset_quality_review__Description
[0] 1 [Working block] Processes, policies and accounting review [Description] 
Bank processes, policies and accounting practices have a key impact on the carrying values of assets in banks’ balance sheets and so must be reviewed. The review will cover the key topics that influence accounting balance sheet valuations. Such key topics include whether a bank correctly applies the fair value hierarchy, accounting classifications (e.g. available for sale), provisioning approach, treatment of non-performing exposures and forbearance.
ECB publishes manual for asset quality review
Description