IFRS 17 Work Group
The IFRS 17 Work Group of the Financial Reporting Committee focuses on the comprehensive international IFRS Standard that establishes the accounting for insurance contracts. IFRS 17 was released in May, 2017, with an effective date of 1/1/2021. Companies are in the midst of determining their implementation strategy. The work group analyzes and discusses the implementation of the new international standard, and creates educational resources for actuaries working in financial reporting. The work group also responds to international stakeholder exposures related to IFRS 17.
Staff liaison: Shera Niemirowski
Chairperson: Doug Van Dam
Margaret Tiller Sherwood