Insurance Accounting Newsletter — Issue 23, December 2011

Published on: 21 Dec, 2011

This edition is titled Refining divergent positions and a gleam of hope from IFRS 9 planned revisions.

The IASB and the FASB continue to remain divided on the fundamental issues of accounting for the uncertainty surrounding insurance risk and the associated emergence of profit from in-force business. However, in November the IASB unanimously agreed to consider targeted improvements for IFRS 9 Financial Instruments.

Download

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.