The intent to provide a formal response from the IAA to International Accounting Standards Board (IASB) proposals to amend the existing insurance contracts Standard, IFRS 4, was announced on 16 December 2015.

The Insurance Accounting Committee subsequently appointed a task force to prepare a response which was submitted as an informal response to the IASB on 8 February 2016.

A copy of the response is available on the IAA website under PUBLICATIONS/ PUBLIC STATEMENTS at:

Share Share Share