Arunachalam Rajaraman

Arun Photo1

He is a Consulting Actuary and Cost & Management Accountant from Chennai with about 25+ years of work and consulting experience.

His experience is spread across Consulting, Technology, Investments, Pensions, Life Insurance and General Insurance.  

He had earlier been elected and served as the Vice President and Honorary Secretary of the Institute of Actuaries of India (IAI). 

He was also involved in the Committees / Working Groups set up by the Insurance Regulatory and Development Authority of India (IRDAI), the Insurance Regulator. 

He is quite passionate about Financial Modelling, Investments and Teaching and involves himself in this area quite extensively.

How is the expected credit loss measured

How is the expected credit loss measured ECL measurement criteria An entity shall measure expected credit losses of a financial instrument in a way that reflects: an unbiased and probability-weighted amount that is determined by evaluating a range of possible outcomes;the time value of money; andreasonable and supportable information that is available without undue cost …
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Approaches for assessing credit risk

Approaches for assessing credit risk Drivers of expected credit loss The Standard explains that an entity may apply various approaches to determine whether the credit risk on a financial instrument has increased significantly since initial recognition or when measuring expected credit losses. The entity is also allowed to apply different approaches for …
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Simplified Approach for ECL for trade receivables

Simplified Approach for ECL for trade receivables Trade receivables, contract assets & lease receivables An entity shall always measure the loss allowance at an amount equal to lifetime expected credit losses for: (a)  trade receivables or contract assets that result from transactions that are within the scope of Ind AS 115, and that: (i)   …
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What is meant by significant increase in credit risk

What is meant by significant increase in credit risk Significant increase in credit risk (SICR) At each reporting date an entity shall assess whether the credit risk on a financial instrument is increased significantly since initial recognition. The entity is required to assess the change in the risk of a default occurred …
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What is the new Expected Credit Loss Model

A financial asset shall be measured at FVOCI if both of the following conditions are met: (a) the financial asset is held within a business model whose objective is achieved by both collecting contractual cash flows and selling financial assets, and (b) the contractual terms of the financial asset give …
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