Assessment of the level of sufficiency and completeness of the IFRS 17 Standard for its adoption in Uganda
Abstract
IFRS 17 was effected on 1 January, 2023vwith a major aim of improving transparency and comparability of the financial statements of insurance companies. The standard is used for insurance contracts, and it replaces IFRS 4 which allowed the use of various valuation methods for insurance contracts and resulted in lower comparability.
The purpose of this study is to examine the level of completeness and sufficiency of the IFRS17 documentation and the different factors that influence an individual’s perception of that level of sufficiency.
Related items
Showing items related by title, author, creator and subject.