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PwC comment on the International Accounting Standards Board’s (IASB) publication of the Amendments to IFRS 17 Insurance Contracts |
Alex Bertolotti, global IFRS 17 leader at PwC, said: “The publication today of the amendments to IFRS 17 closes the long-running development of IFRS 17 by the IASB. We welcome the practical benefits that these amendments provide in easing insurers’ implementation of the significant changes brought about by IFRS 17. Insurers can now focus their efforts on refining their implementation projects and deciding how they will use IFRS 17 to tell a clearer and more understandable story about their business. |
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