Update on IASB insurance accounting project

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By Kurt Lambrechts, William C. Hines | 01 Agustus 2014
The IASB has made several tentative decisions in its insurance accounting project based on discussions of the feedback received on its 2013 exposure draft (ED). The Board received 194 comment letters and conducted 187 outreach meetings. The Board discussed the comment letters in January and since March has been re-deliberating several key issues.