The New Insurance Contracts Standard

Last Updated Tuesday, October 3, 2017 5:41:49 PM

 
FINANCIAL REPORTING
 
The New Insurance Contracts Standard

 The New Insurance 
 Contracts Standard

In May 2017, the International Accounting Standards Board (IASB) issued IFRS 17 – Insurance Contracts. IFRS 17 will replace the previous interim standard IFRS 4 – Insurance Contracts. IFRS 17 is effective for annual periods beginning on or after 1 January 2021. Earlier application is permitted if both IFRS 15 – Revenue from Contracts with Customers and IFRS 9 – Financial Instruments have also been applied.

Access IFRS 17 from eIFRS

Latest Developments

September 2017

July 2017

June 2017

January 2017

September 2016

May 2016

December 2015

October 2015

March 2015

February 2015

SAICA Circulars and Guides

 

SAICA Seminars and Events on IFRS 17 - 2017

  • Breakfast event on the new Insurance Contracts Standard

 Exposure Drafts and Submission on Insurance Contracts Standard

Access the following proposed pronouncements on the Insurance Contracts Standard and SAICA submissions from here

  • ED 368 – Applying IFRS 9 – Financial Instruments with IFRS 4 – Insurance Contracts: Proposed Amendments to IFRS 4
  • ED 334 – Insurance Contracts

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