Official government website of the Government of the Kingdom of Saudi Arabia
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Links to official Saudi websites end with org.sa

All links to official websites of government agencies in the Kingdom of Saudi Arabia end with gov.sa.

Government websites use the HTTPS protocol for encryption and security.

Secure websites in the Kingdom of Saudi Arabia use the HTTPS protocol for encryption.

Registered with the Digital Government Authority under number :

20250521156

SOCPA Adopts IASB’s Amendments to IFRS 4

SOCPA Adopts IASB’s Amendments to IFRS 4

SOCPA Adopts IASB’s Amendments to IFRS 4

SOCPA Approves IASB’s Amendments on IFRS 4 SOCPA, represented by its Accounting Standards Committee approved IASB’s amendments to IFSR 4 "Insurance Contracts", whereby it extended the temporary exemption granted to insurance companies from the application of IFRS 9, and extended that exemption in concert with the extension of the date of the initial application of the new insurance standard (IFRS 17 “Insurance Contracts”).

These amendments can be viewed by clicking here.

Last Update On: 03 Aug 2021