How Oracle Cloud ERP equips insurers to address IFRS 17
The new financial reporting standard IFRS 17 represents the most significant change to insurance accounting requirements in over 20 years. IFRS 17 is scheduled to be applied for reporting periods on or after January 1, 2021. Its dynamics will not only have implications on the financial disclosures of insurers but will also have profound operational impacts on all aspects of these organizations.
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