• IFRS 9 - Expected Credit Loss

    An entity has a policy choice to apply either the simplified approach or the general approach for all trade receivables or contract assets that result from transactions within the scope of IFRS 15 and that contain a significant financing component in accordance with IFRS 15.

  • Curing of a credit impaired financial asset

    The IFRS IC confirmed that reversals of impairment losses related to previously.

  • Insurance Accounting Alert IASB meeting April 2019

    At the April IASB meeting, the Board approved the proposed amendments to IFRS 17 and asked staff to proceed with an Exposure Draft of amendments.

  • IFRS 17 TRG meeting April 2019

    Read our latest Insurance Accounting Alert for a summary of the fourth IFRS 17 TRG meeting discussing IFRS 17 Insurance Contracts.

  • IFRS Update 31 March 2019

    See our overview of new IFRS pronouncements issued as at 31 March 2019 and update of IASB projects and IFRS IC agenda decisions.

  • Good General Insurance - PAA

    These selected illustrative disclosures reflect requirements of IFRS 17 and IFRS 9 for insurance contracts accounted for under the premium allocation approach in IFRS 17.

  • Insurance Accounting Alert February 2019

    The IASB tentatively decided to proceed with four further potential changes to IFRS 17. But did not agree with four other proposed changes.

  • IFRS adopted by the European Union

    An overview of the status of the EU endorsement process for IFRS at 31 December 2018 with an EU effective date after 1 January 2019.

  • Liabilities for an interest in a joint operation

    The IFRS Interpretations Committee issued a tentative agenda decision on liabilities related to a joint operator’s interest in a joint operation. Learn more here.

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