Statements (52)
| Predicate | Object |
|---|---|
| gptkbp:instance_of |
gptkb:International_Organization_for_Standardization
|
| gptkbp:affects |
financial statements of insurers
|
| gptkbp:aims_to |
provide more transparency in insurance accounting
|
| gptkbp:applies_to |
reinsurance contracts
Insurance Contracts |
| gptkbp:developed_by |
gptkb:International_Accounting_Standards_Board
|
| gptkbp:effective_date |
January 1, 2023
|
| gptkbp:enhances |
investor understanding
|
| gptkbp:facilitates |
better risk management practices
|
| https://www.w3.org/2000/01/rdf-schema#label |
IFRS 17
|
| gptkbp:improves |
comparability of financial statements
|
| gptkbp:includes |
Premium Allocation Approach
|
| gptkbp:introduced |
General Measurement Model
|
| gptkbp:is_adopted_by |
many countries worldwide
insurance regulators |
| gptkbp:is_aligned_with |
gptkb:IFRS_9
|
| gptkbp:is_analyzed_in |
gptkb:academic_research
|
| gptkbp:is_based_on |
principles of transparency and consistency
|
| gptkbp:is_considered |
a milestone in accounting standards.
a significant change in accounting standards |
| gptkbp:is_criticized_for |
complexity of implementation
|
| gptkbp:is_described_as |
guidance documents
|
| gptkbp:is_discussed_in |
accounting conferences
financial reporting literature |
| gptkbp:is_evaluated_by |
financial analysts
|
| gptkbp:is_examined_in |
professional journals
|
| gptkbp:is_expected_to |
impact profitability reporting
|
| gptkbp:is_implemented_in |
gptkb:Software_Solutions
insurance companies |
| gptkbp:is_influenced_by |
insurance industry feedback
|
| gptkbp:is_linked_to |
financial stability initiatives
|
| gptkbp:is_part_of |
gptkb:IFRS_suite
financial regulation framework |
| gptkbp:is_related_to |
financial reporting standards
actuarial practices |
| gptkbp:is_reviewed_by |
audit processes
regulatory bodies |
| gptkbp:is_subject_to |
ongoing amendments
transition provisions |
| gptkbp:is_supported_by |
training programs
various accounting firms |
| gptkbp:is_used_in |
global insurance industry
|
| gptkbp:published_by |
gptkb:International_Financial_Reporting_Standards_Foundation
|
| gptkbp:replaces |
gptkb:IFRS_4
|
| gptkbp:requires |
publicly accountable entities
contractual service margin disclosure of risk adjustments estimation of future cash flows measurement of insurance liabilities |
| gptkbp:volunteers |
non-publicly accountable entities
|
| gptkbp:bfsParent |
gptkb:International_Organization_for_Standardization
|
| gptkbp:bfsLayer |
4
|