PwC predicts “mixed reaction” to IASB draft
Accounting firm PricewaterhouseCoopers has predicted that the insurance industry will be divided on International Accounting Standards Board plans for a single International Financial Reporting Standard.
The proposal is part of an exposure draft, published today, that could apply to all contract types on a consistent basis.
David Law, global insurance leader, PricewaterhouseCoopers, said: "The
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