IFRS 17 Insurance Contracts (IFRS 17 or the standard) represents a fundamental change to accounting practice for entities issuing insurance contracts and is expected to require significant
implementation effort. Therefore, as one of the activities to support implementation of IFRS 17, the International Accounting Standards Board (IASB or the Board) has set up a Transition
Resource Group (TRG).
The purpose of the TRG is to:
To learn more, click on the link below to download the Insurance Accounting Alert in full. If you would like to discuss these topic further, please don’t hesitate to get in touch with me or your usual EY contact.