IASB moving towards an international accounting standard
With the consultations complete on the International Financial Reporting Standards (IFRS) insurance contracts exposure draft, the International Accounting Standards Board (IASB) has brought the publication of an IFRS closer to realisation. But critical decisions remain to be addressed.
‘Regulators will be increasingly involved in monitoring the decisions of the board of directors and how well these align with the risk appetite and risk culture of the company; some may not be prepared for the intense scrutiny this will involve.’
While the IASB consultation on the Insurance Contract exposure draft may be over, the sector still faces several unanswered questions…
Click on the link below to read the rest of the KPMG briefing.
Sign in or Register to continue reading this article
It's quick, easy and free!
It takes just 5 minutes to register. Answer a few simple questions and once completed you’ll have instant access.Register now
Why register to The Lawyer
In-depth, expert analysis into the stories behind the headlines from our leading team of journalists.
Identify the major players and business opportunities within a particular region through our series of free, special reports.
Receive your pick of The Lawyer's daily and weekly email newsletters, tailored by practice area, region and job function.
More relevant to you
To continue providing the best analysis, insight and news across the legal market we are collecting some information about who you are, what you do and where you work to improve The Lawyer and make it more relevant to you.
News from KPMG
Briefings from KPMG
Basel Committee on Banking Supervision proposes guidance on sound credit risk practices.
With the commencement of the Companies Act 2014 at our doorstep, companies will need to make decisions about their future.