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Our Standards are developed by our two standard-setting boards, the International Accounting Standards Board (IASB) and International Sustainability Standards Board (ISSB).
IFRS Accounting Standards are developed by the International Accounting Standards Board (IASB). The IASB is an independent standard-setting body within the IFRS Foundation.
IFRS Accounting Standards are, in effect, a global accounting language—companies in more than 140 jurisdictions are required to use them when reporting on their financial health. The IASB is supported by technical staff and a range of advisory bodies.
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The Transition Resource Group for IFRS 17 Insurance Contracts (TRG) held a meeting on Thursday 4 April 2019. The TRG meeting summary is now available.
A podcast covering this TRG meeting and the April 2019 Board meeting about IFRS 17 recorded by Board member Darrel Scott and technical staff member Andrea Pryde is available here.
From February 2018 to April 2019 there have been four TRG meetings covering all 127 submissions up to April 2019. At present, no further TRG meetings are scheduled. A TRG meeting may be scheduled in the future depending on the nature of any new submissions and whether discussion of those submissions would provide helpful education to stakeholders at this stage of implementing IFRS 17, without disrupting implementation processes under way.
The updated TRG agenda paper tracker for an easy access guide to all TRG papers, by category, can be accessed here.
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