A PROVISION MATRIX METHODOLOGY FOR EXPECTED CREDIT LOSSES ON TRADE RECEIVABLES IN ICT JOINT-STOCK COMPANIES

This article develops a methodology for measuring expected credit loss (ECL) allowances on trade receivables and contract assets in joint-stock companies operating in the information and communication technology (ICT) sector, based on the simplified approach under IFRS 9. An analysis of the financial reports of JSC Uzbektelecom and JSC Uzbekistan Post for 2021–2025 reveals that trade receivables increased more rapidly than revenue, while financial statements prepared under national accounting standards report zero balances for overdue receivables and do not separately disclose related loss allowances. Meanwhile, ECL amounts recognised under IFRS exhibit substantial year-to-year variations. The proposed eight-stage closed-loop methodology integrates seven portfolio segments, historical loss rates estimated using the roll-rate method, scenario-weighted forward-looking adjustments, an ECL register aligned with National Accounting Standard No. 21 (NAS 21), and cohort-based retrospective backtesting. For an illustrative receivables portfolio of UZS 709.6 billion, the estimated ECL allowance amounts to UZS 89.4 billion, representing 12.6% of the portfolio.

Hali tarjima qilinmagan