IFRS in Insurance Industry

PS Prabhakar , Last updated: 30 August 2010 Share Follow on Google News

ICAI routinely releases Exposure Drafts on the proposed Accounting standards and of late have begun to release IFRS compliant ASs. Recently, the Exp Draft of AS 39 was released for comments. I wrote the following letter to ASB, which I thought I should share with members at lage. Here it goes: De

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About the Author

PS Prabhakar

Partner in a CA firm

CA in 1980. Worked for United India Insurance for 11 years in Corporate Finance, Internal Audit, operations etc. Then moved to Muscat and worked as CFO of an insurance company there. Came back towards the end of 1998 and started active practice. Audits of Corporates, SMEs etc. and tax advisory and representation servic ... Read more

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