Risk Assessment Working Group

The research of the Working Group on Risk Assessment of the ECCBSO is dedicated to credit risk modeling and measurement.

Credit Risk Assessment Revisited: the collection of papers contained in this publication shows well the spirit behind the work of this group. The papers do not only address concrete and timely problems in credit risk assessment from a purely methodological side but also study their practical implications.

top

Bach Working Group

Several economic studies have been based on BACH database.

Publications_BACH: to see a review of these publications collected by ECCBSO. If you aware of any other publications available you are kindly invited to inform BACH WG representatives.

ECB – 8th Structural Report: on may 2007, ECB published the 8th Structural Report on “Corporate Finance in the Euro Area” in which an extensive use of BACH database is made. You can get access to the report itself through the ECB site from the following link.

top

III Working Group on IFRS impact and CBSO databases

Documents presented in the Plenary meeting October 2007:

IFRS impact: It describes the EU legislation regarding IFRS implementation in Europe, disclosing the situation in each country. Besides, it deals with the impact in the CBSO databases as well as opportunities and risks involved in this process.

Quick guidebook to IFRS: It contains a brief introduction to IFRS, listing the latest standards issued, options allowed by IFRS (one of the most controversial points), valuation methods for assets and the IASB’s project timetable.

Quarterly information available in CBSO: It presents the current situation regarding quarterly information of non-financial corporations in the members of the III WG.

Standard format: It briefly explains the work performed with formats as well as the showcase made with key collaboration of the IASCF. For further information about this project, please click here.

• Annex 1 Impact of IFRS issued in 2006 and in the formats and in the databases


• Annex 2 Standard format – extended


• Annex 3 Standard format – reduced


• Annex 4 Methodological note of the reduced format


• Annex 5 CBSO-RF taxonomy (reduced format)

Tentative analysis with ERICA database:The III WG created in 2007 the ERICA database (European Records of IFRS Consolidated Accounts) with the information collected in real cases: This documents summarized the first preliminary analysis performed on this database.

XBRL in European CBSO:It provides a quick overview on the use of XBRL in the countries and in the institutions taking part in the WG.

Consolidated accounts in the framework of European CBSO: It describes the current situation of consolidated accounts by reporting on the legal situation at an European level, the information available in each country, and the current and potential uses to be given to this accounting information.

Other documents:

Comment to the Exposure Draft of proposed IFRS for SMEs

Comment letter to the Exposure Draft of proposed IFRS for SMEs

top

Study Group

Research undertaken by the Study Group (under the former name "Own Funds Working Group")

Delbreil, M. et al (2005): Net Worth at Risk

Delbreil, M. et al (2000): Corporate Finance in Europe from 1986 to 1996

Delbreil, M. et al (1997): Equity of European Industrial Corporations

Publications associated with the Study Group:

Mouriaux F., Foulcher-Darwish S.: Corporate equity and financial stability:An approach based on net worth at risk, Banque de France, Financial Stability Review, No. 8, May 2006

top