IFRS 17Chapter 8Lesson 2
Disaggregation into other comprehensive income and disclosures
Step 1 of 6Learning objectives
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For each portfolio, the entity chooses to recognise the financial change in the liability entirely in profit or loss or to disaggregate it with other comprehensive income; the standard also requires reconciliations and information on judgments.
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Learning objectives
- Explain that the disaggregation choice is made portfolio by portfolio between profit or loss and other comprehensive income.
- Record the disaggregation entry from given amounts.
- Explain that the entity provides reconciliations of opening and closing balances and information on significant judgments.
- Prepare the draft of a reconciliation of the liability for remaining coverage from given movements.