IFRS 4 Insurance Contracts
- Published in the Official Journal
- Didier Andries
IFRS 4 requires entities to make limited improvements in accounting for insurance contracts and provides certain exceptions to the general hierarchy of international accounting standards pending completion of a definitive standard on accounting for insurance contracts (Phase II). It also requires disclosure of information about insurance contracts issued by the entity.
EFRAG published its endorsement advice on IFRS 4 on 4 June 2004.