IASB provides updates to insurance project

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Aug 10, 2016

On August 10, 2016, the International Accounting Standards Board (IASB) has provided additional information on its upcoming insurance standard related to (i) field work, (ii) the feedback statement on its Exposure Draft (ED), “Insurance Contracts”, and (iii) the effect of board redeliberations.

Field work — Round IV of testing to assist the staff in identifying any sweep issues.

Feedback statement — IASB comments on the feedback received on its ED.

Effect of board redeliberations — Discusses areas in the ED that would change due to tentative decisions reach by the IASB.

For more information, see the insurance project page on the IASB’s website.

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