IFRS 4 Insurance Contracts

GPTKB entity

Statements (23)
Predicate Object
gptkbp:instanceOf gptkb:International_Standard
gptkbp:allows temporary exemption from IFRS 9 for some insurers
gptkbp:appliesTo insurance contracts
gptkbp:category accounting standard
gptkbp:doesNotRegulate detailed measurement of insurance liabilities
https://www.w3.org/2000/01/rdf-schema#label IFRS 4 Insurance Contracts
gptkbp:issuedBy gptkb:International_Accounting_Standards_Board
March 2004
gptkbp:objective specify financial reporting for insurance contracts
gptkbp:permits continued use of existing accounting policies for insurance contracts
gptkbp:relatedStandard gptkb:IFRS_17_Insurance_Contracts
gptkb:IFRS_9_Financial_Instruments
gptkbp:replacedBy gptkb:IFRS_17_Insurance_Contracts
January 2023
gptkbp:requires impairment test for reinsurance assets
liability adequacy test
disclosure of information about insurance contracts
gptkbp:scope financial instruments with discretionary participation features
insurance contracts issued by entities
reinsurance contracts held
gptkbp:status superseded
gptkbp:bfsParent gptkb:IFRS
gptkbp:bfsLayer 5