Hans Hoogervorst from the IASB talks about the IASB’s progress on amendments to insurance contracts, leases and “breaking the boiler plate”

The IASB’s Hans Hoogervorst talks about the IASB’s progress on the amendments to insurance contracts and leases, the global adoption of IFRS, the incurred loss model VS impairment and addresses “breaking the boiler plate” of disclosure of financial statements.

Hans presents almost global adoption of IFRS, including in the United States and where even non-adopters like Singapore have made great advancements to adoption and countries like Japan are already allowing certain companies to adopt IFRS.

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