EFRAG simplifies case study on IFRS 17
07 Feb 2018
The European Financial Reporting Advisory Group (EFRAG) is calling for participants to complete a simplified case study on the expected impact of IFRS 17, ‘Insurance Contracts.’
On 22 November 2017, the EFRAG requested volunteers to participate in a detailed case study on IFRS 17; however, requests were made to simplify the case study for participants who did not have the resources to complete the detailed case study. The EFRAG invites any European insurance group that applies IFRSs under the provision of the IAS Regulation and has not completed the detailed case study to participate in the simplified version.
Responses are requested by 31 May 2018. For more information, see the press release on the EFRAG’s website.