All Topic 944 articles
-
ArticleFASB delays, eases early adoption for long-duration insurance standard
The Financial Accounting Standards Board finalized an update to its standard on accounting for long-duration contracts at insurance companies that will delay the effective date by one year and ease compliance burdens for early adopters.
-
ArticleFASB proposes delay to long-duration insurance standard
The Financial Accounting Standards Board proposed a one year delay to its standard on accounting for long-duration contracts at insurance companies as a result of the ongoing coronavirus pandemic.
-
ArticleGE whistleblower report shines light on insurance liability
Recent whistleblower allegations against GE have put a spotlight on mounting liabilities that will hit corporate balance sheets when insurance accounting rules shift.
-
Blog
FASB finalizes new standard on insurance contracts
FASB has issued a new accounting standard that revises the reporting around long-duration contracts for insurance companies.