Insurance contracts reporting | AccountingWEB

Insurance contracts reporting


FASB Makes Improvements to Disclosure Requirements for Insurance Companies

Insurers that issue short-duration contracts will now have to provide more information about claim-related liabilities.

FAF to Offer Up to $3 Million Toward Joint FASB/IASB Projects

The Financial Accounting Foundation could contribute as much as $3 million this year to the International Financial Reporting Standards (IFRS) Foundation in support of several convergence projects that the Financial Accounting Standards Board and the International Accounting Standards Board are working to complete.

FASB to Host Roundtable Meetings on Insurance Proposal

The Financial Accounting Standards Board will host public roundtable meetings in December on its proposed accounting standards update "Insurance Contracts (Topic 834)."
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