IFRS 17 webcasts
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Published on 09 November 2022 | Francesco Nagari
Global IFRS Insurance Leader at Deloitte Touche Tohmatsu
This webcast is the eighth webcast in a series of on-demand IFRS 17 webcasts, which covers the IFRS Interpretation Committee's Agenda Decision (AD) on the accounting for a group of insurance contracts with cash flows in different currencies.The AD was approved by the IFRS Interpretations Committee for finalisation on 13 September 2022 and was discussed by the International Accounting Standards Board (IASB) on 19 October 2022 with no objections on the publication of the AD.
In particular, the webcast covers the consideration of foreign exchange risks in the identification of portfolios of insurance contracts and the application of the interaction of IAS 21 and IFRS 17 requirements in measuring a group of contracts with multi-currency cash flows. The webcast uses a simple, but sufficiently comprehensive example to illustrate how the requirements in the AD play out. The webcast also summarises Deloitte's practical considerations on this topic as they have emerged from Deloitte implementation work to date
The webcast series delivered by Francesco Nagari, Deloitte's Global IFRS Insurance Leader and Liza Gonzalo, IFRS 17 Director, covers Deloitte's insights on the application of IFRS 17 requirements and related technical accounting issues emerging from the various ongoing IFRS 17 implementation projects supported by Deloitte.
