IFRS 17: The Variable Fee Approach – Basics and Challenges

IFRS 17: The Variable Fee Approach – Basics and Challenges - Part 1

uploaded January 24, 2024 Views: 80 Comments: 0 Favorite: 2 CPD

Speakers:

Description:

Part 1 of the web session

The IASB issued 2017 the new comprehensive insurance accounting standard IFRS 17, with amendments issued in 2020. In addition to its general model, IFRS 17 introduces a modified approach, usually referred to as Variable Fee Approach (VFA), for a specific class of participating insurance contracts. Both the identification of such contracts and the application of the approach require a number of accounting decisions based on interpretations of the sophisticated criteria provided by IFRS 17.

Also watch Part 2.

Tags:

Categories: AFIR / ERM / RISK, BANKING / FINANCE

Content groups: content2024

0 Comments

There are no comments yet. Add a comment.

Sponsoring Partner

Categories

Media IFRS 17: The Variable Fee Approach – Basics and Challenges - Part 1

Sponsoring Partner