Očekivani učinci primjene Međunarodnog standarda financijskog izvještavanja 17 na poslovanje društava za osiguranje

master's thesis

• Title (english): Expected effects of the application of International Financial Reporting Standard 17 on the operations of insurance companies
• Author: Danijela Pedisić
• Mentor: Jakša Krišto (mentor)
• Committee member: Branka Tuškan Sjauš (predsjednik povjerenstva)
• Committee member: Ana Ivanišević Hernaus (član povjerenstva)
• Granter: University of Zagreb; Faculty of Economics and Business; (Department of Finance); Zagreb
• Defense date and country: 2022-06-27, Croatia
• Scientific / art field, discipline and subdiscipline: SOCIAL SCIENCES; Economics; Finance

Abstract

Društva za osiguranje predstavljaju ključne institucionalne investitore na financijskom tržištu te su stoga neizostavan dio svakog gospodarstva. Zbog navedenog, javlja se potreba za njihovim adekvatnim nadzorom i regulacijom, ali i potreba za uspostavom konzistentnog računovodstvenog okvira koji će omogućiti usporedbu financijskih izvještaja društava za osiguranje i usporedbu industrije osiguranja sa ostalim industrijama. Dosadašnji MSFI 4 donesen je kao privremeni standard te se njime nastoji postići poboljšanje dosadašnjih računovodstvenih praksi. Kao prednosti ovog standarda ističu se fleksibilnost i jednostavnost, ali one u drugu ruku predstavljaju i njegove glavne nedostatke jer proizvode neusporedive financijske izvještaje što korisnicima stvara probleme kod donošenja kvalitetnih ekonomskih odluka o ulaganju u industriji osiguranja. Sa MSFI 17 u industriji osiguranja uspostavlja se konzistentan računovodstveni okvir za ugovore o osiguranju, a učinak njihove primjene svakako će se odraziti na poslovanje i financijske izvještaje društva za osiguranje. MSFI 17 pridonijeti će većoj transparentnosti financijskih izvještaja koji će na pravodoban način prikazivati rizike kojima je društvo izloženo te bolje odražavati ekonomsku stvarnost i financijski položaj društva, a stoga i omogućiti ulagačima kvalitetnije i lakše donošenje ekonomskih odluka.

Abstract (english)

Insurance companies are key institutional investors in the financial market and are therefore an indispensable part of every economy. For this reason, there is a need for their adequate supervision and regulation, but also the need to establish a coherent accounting framework that will allow a comparison between the financial statements of insurance companies and the comparison of the insurance industry with other industries. The current IFRS 4 has been adopted as an interim standard and it aims at improving the current accounting practices. Although the advantages of this standard are flexibility and simplicity, they, on the other hand, also represent its main disadvantages manifested in the incomparability of the financial statements of insurance companies, which creates problems for investors in making quality economic decisions about investing in the insurance industry. IFRS 17 establishes a consistent accounting framework for insurance contracts, and the effect of their application will certainly be reflected in the business and financial statements of the insurance company. It is important to mention that IFRS 17 will contribute to greater transparency of financial reports that will timely reflect the risks to which the company is exposed and better reflect the economic reality and financial position of the company, and therefore enable investors to make better and easier economic decisions.

• Keywords: MSFI 4; MSFI 17; ugovori o osiguranju; financijski izvještaji
• Keywords (english): IFRS 4; IFRS 17; insurance contracts; financial statements
• Language: croatian
• URN:NBN: urn:nbn:hr:148:200032
• Study programme: Title: Business Economics; Study programme type: university; Study level: integrated undergraduate and graduate; Academic / professional title: magistar/magistra ekonomije (magistar/magistra ekonomije)
• Type of resource: Text
• File origin: Born digital
• Access conditions: Access restricted to students and staff of home institution
• Created on: 2022-06-28 10:37:08