Insurance EuropeInsurance Europe
Position Paper
Response to IASB exposure draft on the materiality practice statement

In its response to the International Accounting Standards Board (IASB) Insurance Europe expressed support for the actions the IASB undertakes to address the disclosure overload in International Financial Reporting Standards (IFRS) financial reports. Materiality is a heavily relied upon principle on a global scale and Insurance Europe is appreciative of the IASB’s efforts to provide further clarity on its application as the most suitable organisation to fulfil this task.

Published 19 February 2016