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Insurance Contracts - IASB

Date recorded:

At its meeting on October 21, 2015, the IASB discussed: (i) the classification and measurement of financial assets on transition to the new insurance contracts Standard (including transition reliefs and disclosure requirements); (ii) restatement of comparative information on initial application of the new insurance contracts Standard; (iii) if the new insurance contracts Standard should retain the mirroring approach; and (iv) presentation and disclosures for insurance contracts. The IASB will continue its discussions on insurance contracts at a future meeting.

Review the IASB Update.

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.