Thursday, March 24, 2022
AASB and NZASB staff invite stakeholders with an interest in reporting on insurance contracts transacted by public sector entities to participate in a virtual roundtable to discuss ED 319 and ED 2022-3 on Monday, 2 May 2022 between 11am–1pm AEST / 1pm–3pm NZT.
ED 319 and ED 2022-3 are open for comment until 8 June 2022.
AASB and NZASB staff invite stakeholders to participate in an online discussion about the proposals in ED 319 and ED 2022-3, including, in particular, proposed:
The event will also include discussion about the AASB proposal to not modify AASB 17 in respect of risk adjustments and compare this with the NZASB proposal for applying a rebuttable 75% level of confidence to measuring risk adjustments under PBE IFRS 17.
Your input is important
It is important that the AASB and NZASB are aware of your views on the proposals to ensure that the final Standards lead to useful financial information being reported and that the requirements are practical for entities to implement in a public sector context.
The event aims to:
Register to participate
The virtual roundtable is scheduled for Monday, 2 May 2022 from 11am–1pm AEST and 1pm–3pm NZT. Please register by Friday, 22 April 2022 via this link.