Making the finishing touches | KPMG | QM

Making the finishing touches

Making the finishing touches

With the decisions made by the IASB in February, the publication of IFRS 17 is right around the corner.

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Umbrella, rain, road, insurance

The IASB addressed issues arising from the feedback it received from the external testing and drafting process of the forthcoming insurance contracts standard. It made decisions on a level of aggregation exemption, recognition of changes in estimates and release of the CSM, as well as a few other sweep issues.

The staff expect to issue IFRS 17 in May 2017. Find out more in this month’s newsletter.

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