Global Standards for the world economy

Wednesday 24 May 2017

Banner graphic

Project news


Reporting back staff paper on accounting for contracts with cash flows that vary with the returns on underlying items (including ‘participating’, ‘universal life’, ‘with profits’ and ‘unit-linked’ contracts)

 19 April 2013

The document describes the IASB’s response to the main concerns raised on its proposals that relate to the accounting for contracts with cash flows that vary with returns on underlying items. These documents include a working staff draft of the relevant sections to implement the IASB’s proposals

Access the paper and other papers in the reporting back series.


Providing feedback on the staff’s reporting back papers

The purpose of the reporting back series is to report on the IASB’s tentative decisions and to provide a working draft of implementing those decisions.

We welcome feedback on whether the working draft is clear and reflects the technical decisions made by the IASB.

Depending on when we receive the comments and the publication timetable of the forthcoming exposure draft, we will consider these comments either in finalising the forthcoming Exposure Draft, or in developing the final Standard (after the comment period is closed).
Reviewers’ comments will not be made public.

Please email to comment on any of the topics above.