Comment letter deadline on FASB proposed ASU on insurance contracts

When Dec 15, 2016
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Timezone UTC
Where Comment letter deadline
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On September 29, 2016, the Financial Accounting Standards Board (FASB) issued a proposed Accounting Standards Update (ASU) "Targeted Improvements to the Accounting for Long-Duration Contracts". The FASB's project runs parallel to the IASB's project to replace IFRS 4.

Comments on the proposed ASU are due by December 15, 2016. For more information, see the press release, proposed ASU, and FASB in Focus newsletter on the FASB’s Web site.

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