IFRS 17: The controversy that has not come to an end

IFRS 17: The controversy that has not come to an end

As the first comprehensive and truly International Financial Reporting Standard (IFRS) to set up a consistent accounting framework for all insurance contracts, IFRS 17 is the result of anĀ  initiative by the International Accounting Standards Board (IASB).
Implementing IFRS 17 a step to polish framework

Implementing IFRS 17 a step to polish framework

IFRS 17, an International Financial Reporting Standard issued by the International Accounting Standards Board in May 2017, will likely begin to replace the current framework in Vietnam in the next seven years.