IFRS - Insurance
IFRS - Insurance
KPMG’s insights on accounting change for insurers.
KPMG’s insights on accounting change for insurers.
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Amendments to IFRS 17 Insurance Contracts
Amendments to IFRS 17 Insurance Contracts
Read our detailed analysis and insights on the proposed amendments in New on the Horizon
Read our detailed analysis and insights on the proposed amendments in New on the Horizon
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IFRS 17 e-learning to suit you
IFRS 17 e-learning to suit you
Benefit from our experts in IFRS 17 and learning design.
Benefit from our experts in IFRS 17 and learning design.
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KPMG IFRS 17 testing application
KPMG IFRS 17 testing application
A cloud-hosted Contractula Service Margin calculation and reporting engine for insurance organizations looking to be compliant under IFRS 17.
A cloud-hosted Contractula Service Margin calculation and reporting engine for insurance organizations looking to be compliant under IFRS 17.
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Can you see clearly now?
Can you see clearly now?
Exploration of analysts’ current views on insurance accounting and their expectation on how things will change under IFRS 17.
Exploration of analysts’ current views on insurance accounting and their expectation on how things will change under IFRS 17.
Considerable accounting changes for insurers
The new insurance contracts standard, IFRS 17, aims to increase transparency and to reduce diversity in the accounting for insurance contracts. The standard is currently due to become effective for annual periods beginning on or after 1 January 2021. However, in November 2018, the IASB tentatively decided to propose a one-year deferral of the effective date to 2022. The HKICPA issued HKFRS 17, which is a word-to-word copy of IFRS 17.
Our materials will help you understand the evolving proposals and assess the potential impact on your company. Look out for further updates on this page.
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