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IFRS 17 'more than an accounting change', treasurers warned

New global standards governing insurance contracts will be a challenge for corporates, analysts say, but greater transparency will appeal to investors.
IFRS 17 'more than an accounting change', treasurers warned

Corporate treasurers at insurers in the Asia Pacific region will face disruption that goes beyond "just another accounting change" when the new IFRS 17 accounting standard kicks in, analysts today warned.

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