TITLE

Consolidation Near On Global Standard

AUTHOR(S)
Stein, Robert
PUB. DATE
April 2010
SOURCE
Best's Review;Apr2010, Vol. 110 Issue 12, p82
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the consolidation of the International Accounting Standards (IAS) from the boards in the U.S. and Europe for insurance accounting. It notes that the joint project will set valuation of insurance liabilities based on cash flows, financial market, and behavior of policyholder. It expects that the new standards will bring massive changes in reporting and disclosure requirements.
ACCESSION #
49162267

 

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