EY | June 16, 2017
Ernst & Young gave an IFRS 17 webcast on 13 June 2017. During the webcast Conor Geraghty, Practice Fellow at the IASB, and experienced EY specialists shared the basic principles of the new standard and explained the key differences with the old standard, including the significant impacts on presentation and disclosures in the new financial statements, plus potential implications for reporting metrics and business value drivers. The webcast also explored some of the key implementation challenges and opportunities for Asia-Pacific insurers.
What did the webcast cover?
The basic principles of the new IFRS 17 standard
Key changes in financial statements presentation and disclosure requirements relative to current practice
Insights on how companies may publically report their financial results in the future, including a focus on KPIs and value drivers under IFRS 17
Implementation challenges and opportunities for insurers operating in the Asia-Pacific region
APAC IFRS 17 webcast – Implementation challenges and opportunities for insurers in Asia-Pacific