Open AccessНовият Международен стандарт за финансово отчитане 17 и предизвикателствата пред застрахователните компании
Publication year - 2020
Publication title -
ikonomičeski i socialni alternativi/ikonomičeski i socialni alternativi
Language(s) - English
Resource type - Journals
eISSN - 2534-8965
pISSN - 1314-6556
DOI - 10.37075/isa.2020.2.10
Subject(s) - business , accounting , international financial reporting standards , actuarial science , insurance industry , point (geometry) , perspective (graphical) , computer science , geometry , mathematics , artificial intelligence
The New International Financial Reporting Standard 17 and the Upcoming Challenges for Insurance CompaniesThe aim of the paper is to discuss some of the challenges for insurance companies from the upcoming regulations under IFRS 17 Insurance Contracts. The focal point of the research are the new requirements and their future impact on the insurance sector. The discussion is focused on some of the fundamental changes in the model for the accounting treatment of insurance contracts. The insurers’ perspective is used for analyses of the challenges from IFRS 17 application. The authors’ conclusions and statements are supported with profound surveys on the future impact of the new Standard’s implementation.