Die Auswirkungen von Post-Model Adjustments nach IFRS 9 seit 2022

: Eine empirische Analyse des österreichischen Bankensektors

Abstract

This paper deals with the effects of the Post Model Adjustments (PMA) according to IFRS 9 from 2022 on the Austrian banking sector. The introduction of IFRS 9 has led to significant changes in the risk management and capital allocation of Austrian banks, particularly in dealing with credit risks and expected credit losses. The changes in credit risks since 2022 due to rising interest rates and inflation have highlighted the need to adjust risk management strategies. The aim of this thesis is to analyse in detail the use of PMAs in Austrian banks that prepare their accounts in accordance with IFRS and to assess their impact on risk assessment and management. The focus is on identifying and analysing specific PMAs and evaluating their development and the associated risk provisioning. The aim of the study is to gain insights into the effectiveness of PMAs in overcoming new challenges in risk management. The structure of the thesis is divided into several chapters. After the introduction, in which the problem and objectives are explained, the second chapter is dedicated to the general principles of risk management in banks. The third chapter deals in detail with the various forms of PMAs and their application. An extensive section presents the empirical study with data, methodology and results analysis. The empirical study analysed data from Austrian banks that apply IFRS. The results show that the share of PMAs in total risk provisioning has risen continuously since 2022. The analysis shows that PMAs have been used in particular in the real estate and energy sectors, which have been particularly affected by recent economic developments. These developments emphasise the need for precise and flexible risk assessment in order to meet the current challenges in the banking sector.

Date of Award	2024
Original language	German (Austria)
Supervisor	Christa Hangl (Supervisor)