IFRS: Where are we now?

Article Abstract:

IFRS 4, Insurance Contracts, is an interim standard and has not made any significant changes or improvements to insurance contract accounting and it permits the use of existing accounting policies for contracts that meet the International Accounting Standards Board's (IASB) definition of insurance contracts. This has led to insurers now starting to assess the impact of the next stage of IASB's insurance projects, which would lay down a set of principles and requirements for insurance contracts.

Capital funds & cash flow, Accounting and auditing, Insurance policies, Accounting standards

---

Getting it covered

Article Abstract:

The impact on the financial services industry of the International Financial Reporting Standards and the application of IAS 39 is examined. The number and complexity of the changes will need to be communicated to stakeholders and this will be a significant challenge to UK insurers.

Government regulation (cont), Government regulation, INSURANCE CARRIERS, Legal/Government Regulation, Reporting & Disclosure, Interpretation and construction, Laws, regulations and rules, Insurance industry, Financial statements, Accounting law

---

Dirty money

Article Abstract:

Techniques to prevent money laundering are discussed.

Product quality, Financial Services, Finance and Insurance, Financial services industry, Crimes against, Prevention, Quality management, Accountants, Money laundering

Similar abstracts:

• Abstracts: A charitable career. Sticking to the rules. Lots of compassion but less cash
• Abstracts: International syndicated credits
• Abstracts: What's new. Understanding the interest. Q&A
• Abstracts: Is it the UK's turn? Beware of third parties bearing lawsuits. How the terrorists helped the taxman
• Abstracts: Be alert, but not alarmed. Framework for convergence

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.