The International Accounting Standards Board (IASB) has proposed narrow-scope amendments to IFRS 17. These minor changes are intended to ensure the wording of the standard is consistent with the decisions that the IASB made in the development of the standard.
Our view is that the amendments provide helpful clarification. Our latest Insurance Accounting Alert, which can be downloaded below, provides full details – but here’s what you need to know now:
If you have a question, or would like to discuss these topics further, please do get in touch.