In November 2016, the International Accounting Standards Board discussed issues that arose during the external testing and drafting of the forthcoming insurance contracts Standard.
This webinar provides an updated overview of the forthcoming Standard reflecting November’s decisions and covers the following:
- The need for change and the history of the project
- Level of aggregation
- Applying the Standard for the first time
The webinar is available here and extracts from the external review draft are accessible here. In addition an article summarising the need for change can be accessed here.