Insurance News
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Monday, 17 November 2008
FRS 4 to take effect from Jan 2010
MASB today issued 3 new financial reporting standards (FRS) and 2 interpretations relating to financial instruments.
Among which, FRS 4 Insurance Contracts would be of interest to the insurance industry. FRS 7 Financial Instruments Disclosures would be relevant as well.
FRS 4 and FRS 7 will take effect from January 2010.
Source: The Star, MASB
Labels: Accounting, MASB

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