IASB's revised ED on Insurance Contracts
Hosted by the EY Global Insurance Center
On 20 June, the International Accounting Standards Board (IASB) released a revised Exposure Draft on Insurance Contracts (the revised ED), a major milestone in the Board's efforts to standardize and improve accounting for insurance contracts globally.
The revised ED takes into account the re-deliberations of the IASB, many of which were held with the Financial Accounting Standards Board (FASB).
The webcast agenda covers features of the accounting model in the revised ED, as well as the following:
- Differences between the revised ED and the 2010 ED
- Key issues and potential challenges for insurers
- Timeline update