Our Best Practice Guidance Notes – Accounting for Non-Performing Loans (“NPL”) is now accessible to all our LuxCMA followers. The paper has been published by our LuxCMA Best Practice Working Group – Accounting & Reporting and touches some interesting points regarding the accounting policy and the different treatments which apply to these receivables.

The publication will drive you, amongst others, into the notions of collections, interest expenses and impairment on NPL.