One of the greatest benefits of IFRS 17 and IFRS 9 is the opportunity to foster collaboration across teams to achieve a winning outcome for all. Siloed implementation of IFRS 17 and IFRS 9 can impede good outcomes, particularly when decisions are made in isolation and sequentially, rather than together and holistically. There is plenty of interaction between IFRS 17 and IFRS 9 and navigating that interaction to make the best choices requires establishing objectives and prioritizing outcomes.
Eve Pastor, a director in the Risk and Accounting Solutions team at Moody’s Analytics, reports on the interaction between IFRS 17 and IFRS 9, and its implications for asset liability management, valuation, and financial reporting.
Read “Where Standards Intersect : IFRS 9 and IFRS 17” to learn more.