IASB staff paper on insurance contracts

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18 Apr, 2014

The IASB staff has prepared a staff paper discussing where and how the proposals in the Exposure Draft (ED) 'Insurance Contracts' would change as a result of the IASB’s tentative decisions to date. It reflects tentative decisions of the IASB made through March 2014.

So far, only three of the five points in the ED have been redeliberated:

  • Adjusting the unearned profit from insurance contracts.
  • Presentation of insurance contract revenue and expenses.
  • Presentation of interest expense between profit or loss and the other comprehensive income.

The staff paper is available on the IASB's website.

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