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Insurance — Accounting and Financial Reporting Update (November 30, 2020)

Published on: Nov 30, 2020

The latest edition of our annual update highlights selected accounting and reporting developments that may be of interest to insurance entities. The most notable standard-setting development for insurers in 2020 was the FASB’s decision to defer the effective date of ASU 2018-12 for all insurance entities by one year and to amend the ASU’s early application provisions.

This publication was released by our US firm.

 

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