IFRS Conversion in the Canadian insurance industry
29 Sep 2009
Deloitte Canada has published Canadian Insurance Industry: A Clear Path to IFRS Conversion.
This booklet highlights the accounting considerations and other considerations that are important to the insurance industry in Canada when making the transition to IFRSs in 2011. Topics covered include:
- Insurance contracts - product classification
- Insurance contracts - financial statement presentation and disclosure issues
- Insurance contracts - embedded derivatives and unbundling
- Insurance contracts - measurement approach
- Financial instruments