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FASB proposal to defer effective date for standard on long-duration insurance contracts

When Sep 20, 2019
from to
Timezone UTC - 4
Where Comment deadline
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On August 21, 2019, the FASB issued proposed ASU, Financial Services — Insurance (Topic 944): Effective Date, which would give insurance companies an additional year to implement the Board’s August 2018 standard on long-duration contracts, ASU 2018-12. Comments on the proposed ASU are due by September 20, 2019.

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