UK annuity writers await crucial paper on IFRS 17 profit recognition

Published in: Accounting - tax, UK, IFRS 17

Companies: Institute of Chartered Accountants in England and Wales, ICAEW, UK Endorsement Board, UKEB, International Accounting Standards Board

Cintia Cheong reports on how insurers and auditors are under pressure to reach a consensus on applying IFRS 17 to annuities - a decision that could seriously impact insurers' balance sheets

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