2018 Fall Q28

Hello,

I'm wondering for this question can I use similar answer as the answer for "identify differences between IFRS 17 and current CIA practice for measurement of liabilities relating to LRC" (from CIA.IFRS17, quiz number 14)?

Essentially from my view measurement and discounting is part of valuation (as per the comment in the examiner report).

Thanks,
Darren

Comments

  • Yes, you should be able to answer based on CIA.IFRS17 because the exam question you referenced was actually based on older reading. It should be acceptable to answer on the more current reading CIA.IFRS17 should a similar question come up.

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