The International Accounting Standard Board (IASB) today issued a new insurance contracts standard, International Financial Reporting Standards (IFRS) 17 Insurance Contracts. EY finds that this will trigger a landmark shift in insurers’ financial reporting requirements under IFRS, marking a fundamental change to current practice across the industry.
In light of recent cyber attacks focused on global organizations, EY is urging immediate action to help mitigate the effects and protect against future attacks.
We are launching EY Catalyst, a leading operational excellence cloud-based platform that can help clients enhance their performance improvement programs in supply chain and manufacturing.
Australia’s major banks have collectively delivered another solid set of financial results at the 2017 half year, despite operating in an environment increasingly characterised by growth constraints, intense competition, increasing regulation and heightened economic uncertainty.
