World Accounting Report
Possibly one of the most interesting things to emerge from a quiet month is the realisation that conglomerates that include
an insurer could, without any change in the rules, continue to apply IAS 39 at insurance segment level after IFRS 9 has reached
its implementation date. As long as IFRS 9 was applied in the consolidated accounts, the segment data could follow IAS 39,
provided that was the way the figures were reported to the Chief Operating Decision Maker.
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