IFRS 4 Exposure Draft
This report from Deloitte China, developed for the newsletter of the Actuarial Society of Hong Kong, analyses and identifies key themes in the comment letters most relevant for the Asian region.
Преглед на съдържанието
The International Accounting Standards Board ("IASB") published its revised Exposure Draft ED/2013/7 Insurance Contracts in June 2013. Comments were due by 25 October 2013 and have been made available publically on the IFRS Foundation website. One hundred and ninety six comment letters were submitted by insurance companies, actuarial bodies, including the Actuarial Society of Hong Kong(ASHK), accounting bodies, and industry groups.
As detailed in other Deloitte publications over recent months, there were seven areas that were open for comment. This paper from Deloitte China summarizes the comments submitted by various key insurance companies operating in the region, as well as the 'Big 4' accounting firms and the ASHK.