Home » OIC Informa » News

Commission Regulation (EU) No 2022/1491 of 8 September 2022 adopts amendments to IFRS 17

The Commission Regulation (EU) No 2022/1491 of 8 September 2022, published in the Official Journal of the European Union L 234 on 9 September 2022, adopts amendments to IFRS 17 Insurance contracts.

The amendment to the transition requirements in IFRS 17 allows companies to overcome one-time classification differences of comparative information of the previous reporting period upon initial application of IFRS 17 and IFRS 9 Financial Instruments.
Companies can apply the amendment only on initial application of IFRS 17 Insurance Contracts and IFRS 9 Financial Instruments

Copyright 2022 Fondazione Organismo Italiano Contabilità | via Poli, 29 | 00187 Roma | Tel. +39 06 6976681 | Fax +39 06 69766830 | C.F. 97269140584 | Privacy | Legal Notice