• Service: Audit, IFRS Reporting
  • Industry: Financial Services, Insurance
  • Type: Business and industry issue, Regulatory update
  • Date: 6/21/2013

Insurance: IFRS 4 Phase II – revised exposure draft  

Since publishing its first exposure draft in July 2010, the International Accounting Standards Board (IASB) has undertaken extensive outreach activities with a broad range of stakeholders. Industry concerns that the proposed measurement model would increase the volatility of reported results when compared with most current models have been a central theme for the IASB’s discussions.


Insurance: IFRS 4 Phase II – revised exposure draft
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    The IASB has issued a revised exposure draft of its proposals for a new Insurance contracts financial reporting standard (IFRS 4 Phase II), with a 120 day comment period. This is a limited comment Exposure Draft and the IASB is seeking feedback on specific areas as outlined in this summary.


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