The Best Aspects of IFRS 17 Insurance Contracts in Malaysia
International Financial Reporting Standard 17 (IFRS 17), effective in Malaysia since January 1, 2023, has ushered in a new era of transparency and accountability in the insurance sector. Replacing the inconsistent IFRS 4, this principles-based standard is lauded for its ability to enhance financial reporting, providing stakeholders with clearer insights into insurers’ performance and risk …
Read more “The Best Aspects of IFRS 17 Insurance Contracts in Malaysia”