IASB finalises amendments to IFRS 17 – Initial Application of IFRS 17 and IFRS 9 – Comparative Information
09 December 2021
The amendments permit an entity to use an ‘overlay’ approach when transitioning to IFRS 17 and 9 at the same time, which may result in more consistent information being presented in the comparative periods relating to financial assets held by an insurance company.
The amendments may be accessed here.