Heads Up: FASB Issues Invitation to Comment on Bifurcating Insurance Contracts
The attached issue of
Heads Up summarizes the recently issued FASB Invitation to Comment, Bifurcation of Insurance and Reinsurance Contracts for Financial Reporting, which is a project that could significantly affect the accounting for certain insurance contracts. In total, the Invitation asks for comments on 11 different issues, and provides illustrations to serve as a basis for discussion.
Read more in the file attached below, or visit the Heads Up Archive for past issues.
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