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Category: IFRS 4 & 9 and Solvency

Comparing IFRS 17 versus IFRS 4, IFRS 9 and Solvency II. What are the differences and similarities

An introduction to IFRS 9 and IFRS 17
August 9, 2019August 12, 2019

An introduction to IFRS 9 and IFRS 17

Disclosure by timohogendoorn0 comments

Insurance companies who currently disclose under IFRS need to implement the new accounting standards; IFRS 9 and IFRS 17. In this article I will explain why these new accounting standards are needed, summarize their meaning and clarify the main implementation challenges. What is IFRS? The goal of IFRS is to […]

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October 24, 2018December 31, 2018

Why does IFRS 17 replace IFRS 4

IFRS 4 & 9 and Solvency by timohogendoorn0 comments

IFRS standards are established in order to have a common accounting language, so business and accounts can be understood and compared from company to company and from country to country. IFRS 4 explains how to disclose insurance contracts, but to put it simple, there are too many issues with IFRS […]

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Recent Posts

  • An introduction to IFRS 9 and IFRS 17
  • Why does IFRS 17 replace IFRS 4
  • The transition timelines
  • The new IFRS 17 disclosure in short
  • IFRS 17 model summarized

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