EFRAG publishes remaining two IFRS 17 briefing papers
22 Mar 2018
In February, the European Financial Reporting Advisory Group (EFRAG) published a first of a series of three background briefing papers on IFRS 17 'Insurance Contracts'. Papers two and three are now also available.
The two new two papers address the release of the contractual service margin and transition requirements. The series is intended to provide simplified information on controversial areas of IFRS 17 to enable constituents to understand the issues and be in a position to comment on EFRAG's draft endorsement advice (currently expected in Q3 2018). All papers are available on the EFRAG website:
- Briefing paper on the level of aggregation (February 2018)
- Briefing paper on the release of the contractual service margin (March 2018)
- Briefing paper on transition requirements (March 2018)
