Deloitte: A Summary of May’s IFRS 17 TRG Meeting
Deloitte | May 9, 2018
During the meeting, which was held on 2 May, the TRG discussed six key papers relating to:Read More »Deloitte: A Summary of May’s IFRS 17 TRG Meeting
Documents and articles about IFRS 17
Deloitte | May 9, 2018
During the meeting, which was held on 2 May, the TRG discussed six key papers relating to:Read More »Deloitte: A Summary of May’s IFRS 17 TRG Meeting
EY | May 4, 2018
IFRS 17 is the IASB’s new insurance contracts standard. EY shares the detailed explanations about IFRS 17. Click here to read the document.Read More »Applying IFRS 17 – A closer look at the new Insurance Contracts standard
EY | February 14, 2018
IFRS 17 Insurance Contracts (IFRS 17 or the standard) represents a fundamental change to accounting practice for most entities issuing insurance contracts and is expected to require significant implementation effort.Read More »First technical discussion of the IASB’s IFRS 17 Transition Resource Group (TRG)
IASB | January 17, 2018
IASB publishes a simple one-page summary of the accounting model in IFRS 17 Insurance Contracts. This summary will help stakeholders understand different elements of the model and how they will be displayed on a company’s balance sheet and in its profit or loss statement.Read More »The IFRS 17 accounting model in one page
EY | November 8, 2017
Across the globe an unprecedented wave of new reporting and regulatory requirements are driving changes that are significantly impacting the way insurers manage their business. The new financial reporting standard IFRS 17 will undoubtedly represent the most significant change to insurance accounting requirements in over 20 years.Read More »Impacts of IFRS 17
ASHK seminar | September 11-12, 2017
Twenty years in the making, the IASB published IFRS 17 on May 18. IFRS 17 will radically change financial reporting for insurers and all actuaries working in the insurance field will need to be familiar with the new framework. For the second year, the Actuarial Society of Hong Kong is proud to present a seminar on IFRS for insurers aimed specifically at actuaries in Asia. This seminar is specially designed for actuaries who are responsible for financial reporting in compliance with the International Financial Reporting Standards (IFRS) or who need to be familiar with IFRS reporting as part of their work.Read More »International Financial Reporting Standards for Insurers – IFRS 17
Henry Siegel | The Actuary Magazine, SOA | July 12, 2017
The creation story of IFRS 17 for insurance contracts
Author’s Note: This is a condensed history of the International Accounting Standards Board’s (IASB’s) Insurance Contracts project. Not every issue is discussed completely herein or in some cases at all, nor is every milestone noted. For a more complete history, visit the IASB website.Read More »Back to the Beginning
SOA | July 6, 2017
This presentation was given at the SOA Asia-Pacific Annual Symposium in Kuala Lumper, Malaysia.Read More »IFRS 17 and its operational challenges
PwC | June 30, 2017
In May 2017, the International Accounting Standards Board (IASB) issued IFRS 17, ‘Insurance Contracts’, and thereby started a new epoch of accounting for insurers. Whereas the current standard, IFRS 4, allows insurers to use their local GAAP, IFRS 17 defines clear and consistent rules that will significantly increase the comparability of financial statements. For insurers, the transition to IFRS 17 will have an impact on financial statements and on key performance indicators.Read More »PwC: IFRS 17 marks a new epoch for insurance contract accounting
IASB | June 22, 2017
A recorded webinar is available introducing the recently issued IFRS 17 Insurance Contracts by considering the scope of the Standard. The webinar presenters are Joanna Yeoh and Andrea Pryde, insurance contracts team members.Read More »Scope of IFRS 17