It is furthermore likely that banks’ earnings will be more volatile in the future due to the effect of the forward-looking approach that is required under IFRS 9. Therefore, Page 4 of 9  disclosure and the education of stakeholders on how to interpret financial information under IFRS 9 will be imperative and an important consideration.
Over the past two years, many seminars, workshops, and training sessions have been provided by a range of organisations. However, very few of these have focused on jurisdictions from the African continent. There are factors that are unique to Africa that need to be taken into account.