The International Accounting Standards Board has issued its long-awaited standard for insurance contracts after more than a dozen years, requiring a consistent treatment for all types of insurance ...
In a game-changing development, the Corporate Affairs Ministry (MCA) has notified the much-awaited new accounting standard on ‘Insurance Contracts’ (Ind AS 117), setting the stage for a major overhaul ...
Financial reporting for insurance companies that issue long-duration contracts will change under an accounting standard issued Wednesday by FASB. The targeted changes to the current reporting model ...
The Financial Accounting Standards Board issued an accounting standards update that aims to improve the transition requirements in its guidance around long-duration insurance. Processing Content ASU ...
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