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Joint Insurance Contracts Project Exposure Drafts: Is the Finish Line in Sight?

Deloitte Dbriefs | Insurance

Start date and time

July 9, 2013 2:00 PM

End date and time

July 9, 2013 3:00 PM

Time zone:

(GMT-05:00) Eastern Time (US & Canada)

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Host: Gary Shaw, Partner - Deloitte LLP
1 Intermediate CPE Credit: Specialized Knowledge & Applications 

After years of deliberations, the FASB and IASB are poised to separately issue their insurance contracts exposure drafts – the details of which, if finalized by the boards, would fundamentally reshape the future of insurance accounting in the U.S. and abroad. We'll discuss:

  • A summary of differences between the proposed FASB changes and current U.S. GAAP.
  • Differences between the FASB and IASB proposed standards and resulting impact of multiple financial reporting bases.
  • Implications that will extend beyond the accounting model and could ultimately affect an insurer's culture, talent, and business processes.

Explore the latest developments and impacts to you and your organization.

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