In transition - the latest on IFRS 17 implementation - Mar 2020

In transition - the latest on IFRS 17 implementation - Mar 2020

Publication date: 18 Mar 2020

Detailed guidance

Detailed guidance
In the March 2020 meeting, the IASB decided to defer the effective date of IFRS 17 (incorporating the amendments) and the fixed expiry date of the temporary exemptions from applying IFRS 9 to annual reporting periods beginning on or after 1 January 2023. The IASB is expected to issue the amendments to IFRS 17 in the second quarter of 2020. The latest ‘In transition’ summarises the discussion from the latest IASB meeting.
 
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