Insurance — Accounting and Financial Reporting Update (2020)
Published on:
18 Jan 2019
![Insurance — Accounting and Financial Reporting Update (2018) Image]()
The latest edition of our annual update highlights selected accounting and reporting developments that may be of interest to insurance entities. The most notable standard-setting development for insurers in 2020 was the FASB’s decision to defer the effective date of ASU 2018-12 for all insurance entities by one year and to amend the ASU’s early application provisions.
