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Agenda Paper 2A Determining discount rates when there is lack of observable data for the June 2014 IASB meeting has been posted on the Insurance Contracts website

 16 May 2014


This paper considers whether the IASB should provide additional application guidance on how an entity should apply the principle in the 2013 Exposure Draft Insurance Contracts that the discount rates used to adjust the cash flows in an insurance contract for the time value of money should be consistent with observable current market prices for instruments with cash flows whose characteristics are consistent with those of the insurance contract.

Read the Agenda Paper 2A Determining discount rates when there is lack of observable data.