Fulfillment cash flows are basis for accounting for insurance contracts under the general measurement model in IFRS 17, but what are they? Read More ...
Investment companies are special… So is their accounting!
Sep 25, 2018Investment companies require special considerations for their accounting and financial reporting. That’s why there is industry-specific guidance in ASC 946. Read More ...
The Value of Time Away from Accounting
Aug 14, 2018Even accountants need to satisfy their thirst for adventure and opportunities such as a sabbatical to get away and recharge the batteries may be the answer. Read More ...
Partial Term Hedges and Hedges of Prepayment Risk under ASC 815 after Improvements in ASU 2017-12
Jun 26, 2018ASU 2017-12 makes it easier to achieve fair value hedge accounting for partial term hedges and hedges with prepayment risk. Read More ...
Hedging Non-Financial Risks under ASC 815 after Improvements in ASU 2017-12
Jun 05, 2018ASU 2017-12 makes it easier to achieve cash flow hedge accounting for hedges of non-financial risks. Read More ...
Is it Time to Give Hedge Accounting under ASC 815 Another Try?
Mar 13, 2018ASU 2017-12 offers a wide range of improvements to hedge accounting under ASC 815, aligning it more with risk management strategies and making it more operable. Read More ...
Is the PAA the secret to IFRS 17 implementation?
Nov 14, 2017The Premium Allocation Approach (PAA) is a lot like existing accounting for short-duration contracts, but does it avoid all of IFRS 17’s challenges? Read More ...
Say “Hello” to IFRS 17, Insurance Contracts
Jun 06, 2017IFRS 17, Insurance Contracts fundamentally changes the way insurers will account for insurance contracts in their IFRS financial statements. Read More ...