Global Standards for the world economy

Sunday 28 May 2017

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ITG for Impairment of Financial Instruments

IFRS Transition Resource Group for Impairment of Financial Instruments (ITG)

ITG members

The members of the ITG include financial statement preparers and auditors with expertise, skills or practical knowledge relating to expected credit loss model for impairment, as well as knowledge about accounting for financial instruments under IFRS. The members represent a broad spread of geographical locations.

Group members


Member Organisation Job title
Wayne Basford BDO Partner, IFRS leader Asia Pacific
Graham Dyer Grant Thornton Senior Manager, National Professional Standards Group
Paul Fallon Standard Bank Group Head of Group Risk Model Development and Model Management
William Hayward Barclays Director, Head of Regulatory Risk
Helen Killoch Bank of Montreal Vice-President and Chief Accountant
John McDonnell PwC Partner in Banking and Capital Markets Group and Global Accounting Consulting Services
Masahiro Sugiura Bank of Tokyo-Mitsubishi Senior Manager, Credit Policy & Planning Division
Hervé Phaure Deloitte Partner, FSI Risk Advisory
George Prieksaitis Ernst & Young Partner, Financial Services Organisation; Leader of the EY Financial Accounting Advisory Services business in Canada
Jörg Michael Scharpe Deutsche Bank Group Reporting Director for External Capital and Risk Reporting
Chris Spall KPMG Partner, International Standards Group, Global IFRS Financial Instruments Leader
Yu, Allen Xiaofei Bank of China Accounting Manager


Representatives from the Basel Committee on Banking Supervision and from IOSCO are invited to observe ITG meetings.  The representatives are as follows:

  • Karen Stothers (Basel Committee on Banking Supervision)
  • Pablo Perez (Basel Committee on Banking Supervision)
  • Ton Meershoek (IOSCO)