IASB podcast on tentative decisions in the insurance project
Nov 24, 2016
On November 24, 2016, the International Accounting Standards Board (IASB) released a podcast of its November 2016 meeting, where they discussed issues that have arisen from the external testing of a draft of IFRS 17, "Insurance Contracts" and in the drafting process thus far.
The Board decided to set the mandatory effective date for IFRS 17 for annual periods beginning on or after January 1, 2021. Darrel Scott, Board member, and Andrea Pryde, project leader of the Insurance Contracts project, discuss the deliberations at that meeting.
Review the podcast (approx. 9 minutes long) on the IASB's website.