When will IFRS 17 take effect? It comes into force in 2021, and for the world’s insurance companies it’s the biggest change in accounting standards in perhaps 20 years. For companies moving to IFRS 17 ...

Over the past year, Canada’s P&C insurance industry has been reporting its financial results using the new IFRS-17 accounting standards. The outcome recalls the biblical story of the Tower of Babel.

STANDARDS are in place to ensure a level of quality across comparable things. But standards are not set in stone. They are bound to change—to adapt to the needs of the times. And accounting standards ...

ZIMBABWE's accounting professionals have warned that insurance product pricing and business models may change with the adoption of International Financial Reporting Standard (IFRS 17), a global ...