Insurance EuropeInsurance Europe
Position Paper
Response to IASB exposure draft on IAS 1

Insurance Europe supports the general direction of the exposure draft on the proposed amendments to International Accounting Standards (IAS) 1 - Presentation of Financial Statements as one of the first steps in the disclosure project. It believes that the current IAS 1 may have been interpreted too strictly and therefore, the amendments should enable entities to use greater judgment on which information can result in improvements to the relevance of disclosures in the notes to the financial statements.

Published 4 July 2014
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