ShareSoc response to FRC Endorsement Board – Draft Endorsement Criteria Assessment: IFRS 17 Insurance Contracts

In a joint UKSA/ShareSoc response on 4 Feb 2022, we said we do not agree with your overall tentative conclusion that IFRS 17 meets the criteria of understandability, relevance, reliability and comparability required of the financial information needed for making economic decisions and assessing the stewardship of management.

The consultation paper can be read here:

Our full response can be read here UKEB-Invitation-to-Comment-IFRS-17-ECA-UKSA-ShareSoc-response

by Cliff Weight, Policy Director, ShareSoc 

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