Insurance Accounting Alert - IASB meeting (May 2020)

The IASB discussed the “sweep issues” identified in the balloting process for finalising amendments to IFRS 17. The IASB agreed to amend IFRS 17 

At its May 2020 Board meeting, the International Accounting Standards Board (IASB or the Board) considered several sweep issues identified since completion in March 2020 of its planned re-deliberations on the proposed amendments in the Exposure Draft Amendments to IFRS 17 Insurance Contracts.

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