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Term: Description of whether entity makes adjustment for time value of money and effect of financial risk when using premium allocation approach
Standard Label: Description of whether entity makes adjustment for time value of money and effect of financial risk when using premium allocation approach
Name: ifrs-full:DescriptionOfWhetherEntityMakesAdjustmentForTimeValueOfMoneyAndEffectOfFinancialRiskWhenUsingPremiumAllocationApproach
Identifier: ifrs-full_DescriptionOfWhetherEntityMakesAdjustmentForTimeValueOfMoneyAndEffectOfFinancialRiskWhenUsingPremiumAllocationApproach
Documentation: The description of whether an entity that uses the premium allocation approach makes an adjustment for the time value of money and the effect of financial risk applying paragraphs 56 and 57(b) of IFRS 17. Premium allocation approach is an approach, described in paragraphs 53-59 of IFRS 17, that simplifies the measurement of the liability for remaining coverage of a group of insurance contracts.
Category of Term: Concept
References: (Coming Soon!)
Balance type: none
Period type: duration
Data type: xbrli:stringItemType

Last updated: 5/10/2021 5:11:30 PM

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