This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice ( for more information on the cookies we use and how to delete or block them.
The full functionality of our site is not supported on your browser version, or you may have 'compatibility mode' selected. Please turn off compatibility mode, upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.

Amendments to IFRS 17 – International Accounting Standards Board

Date recorded:

At its meeting on May 24-27, 2021, the IASB met to discuss feedback about one-time accounting mismatches and classification inconsistencies that may arise in the comparative information that insurance entities present on initial application of IFRS 17, Insurance Contracts and IFRS 9, Financial Instruments. The Board was not asked to make any decisions. At a future meeting, the Board will discuss whether to propose a narrow-scope amendment to IFRS 17 that would enable insurance entities to reduce such mismatches and inconsistencies.

Review the IASB Update and podcast on the Board's Web site.

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.