United States

FASB Changes Direction and Scope of Insurance Project

Feb 21, 2014
From the Financial Reporting View and the IFRS Institute

This edition of Defining Issues reports that the FASB recently decided to change the future direction of the insurance contracts project and to limit the scope to insurance entities. However, the Board said that contracts written by non-insurers may be added back as the project progresses.

 

Read Defining Issues: FASB Changes Direction and Scope of Insurance Project