New accounting standards could complicate estate planning. The headaches International Financial Reporting Standards have created for accountants will pale in comparison to the impact it will have on ...

Effective January 1, 2023, insurance companies entered a new financial reporting standard known as International Financial Reporting Standard 17 (IFRS 17). Fundamentally, the standard changes ...

ZIMBABWE's accounting professionals have warned that insurance product pricing and business models may change with the adoption of International Financial Reporting Standard (IFRS 17), a global ...

It has been over a year now since IFRS 17 was published. It replaces an interim standard (IFRS 4 – Insurance Contracts) which has been in place for over a decade, which allowed companies to use a wide ...

International rating agency Fitch Ratings has said that the implementation of IFRS 17 has been a significant step towards increasing transparency and comparability in insurers’ financial statements.

KPMG in Qatar recently hosted an insightful IFRS 17 workshop for the insurance professionals, offering insights and strategies to navigate the complexities of this essential accounting standard. The ...

In a bid to beat the December 2012 deadline set for their transition to the International Financial Reporting Standard (IFRS), insurance companies are individually coughing out over N10 million as ...

We call on the insurance industry to ensure that at least two or three insurance companies make it to the voluntary phase of adoption going by the adoption roadmap. ...we are at the voluntary phase of ...

Deloitte Middle East held an awareness session on IFRS 17 – Insurance Contracts in Dubai in December 2017. This session was hosted by Deloitte’s IFRS 17 leaders who have been actively involved in ...