EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients.
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Insurance Accounting Alert - IASB meeting (IFRS 17) (June 2018)
IASB proposes narrow-scope amendments to IFRS 17 Insurance Contracts.
During its June meeting, the International Accounting Standards Board (IASB or the Board) discussed and agreed to several proposed narrow-scope amendments to IFRS 17 Insurance Contracts (IFRS 17). These minor changes are intended to ensure the wording of the standard is consistent with the decisions that the IASB made in the development of the standard.