World Accounting Report
IASB meeting
All eyes interested in insurance accounting were turned towards the most recent IASB meeting to learn about the Board’s deliberations
on IFRS 17, the insurance contracts standard. I have divided the coverage of this topic into two parts, focusing on the discussion
on how the Board will go about determining whether there is a need to change IFRS 17 below and covering the more technical
details in the News and Analysis section. While insurance was undoubtedly the hot topic of the meeting, the Board also discussed
the way forward on goodwill and impairment and touched on a number of other topics.