Additional postponement for IFRS 17 insurance contracts
By Pat Sweet | Accountancy Daily | March 19, 2020
The International Accounting Standards Board (IASB) has announced a further one-year deferment of the implementation date for IFRS 17 Insurance Contracts, so the effective date for the standard will now be 2023
The board has also decided to extend the exemption currently in place for some insurers regarding the application of IFRS 9 Financial Instruments to enable them to implement both IFRS 9 and IFRS 17 at the same time.Read More »Additional postponement for IFRS 17 insurance contracts