Examples include a breakdown of credit exposures by internal credit grade, allowance estimates broken down by key components, more-thorough discussions of why allowance components have changed from period to period, and  2  A copy of the letter, dated July 30, 2004, can be found at www.bis.org/bcbs/commentletters/iasb14.pdf (59 KB PDF).
In a rapidly changing business environment, no business can afford to remain static. It is well understood that risk-taking is an integral part of any business enterprise.