Categories: ifrs

IASB delays new insurance contract rules for one year: PwC comments

IASB delays new insurance contract rules for one year: PwC comments

Singapore, 14 November 2018 – Commenting on the decision from today’s IASB meeting, subject to the IASB’s due process, that the IFRS17 insurance accounting standard will be delayed by one year and the extension of the deferral of IFRS 9 to the same date, Alex Bertolotti, Global IFRS17 leader at PwC, said:
“Today’s announcement of a one-year delay to the implementation of IFRS17 will be welcomed

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