Occurrence of Liabilities in Insurance organizations, Recognition Criteria, and Stages of Accounting Treatment Under IFRS 9, 39, 32, and 7

This paper examines the occurrence, recognition, and accounting treatment of liabilities in insurance organizations in accordance with IFRS 9, IAS 39, IAS 32, and IFRS 7. It analyzes the conceptual framework of financial liabilities, disclosure requirements, and measurement approaches, with emphasis on financial instruments used in insurance operations. The study synthesizes regulatory requirements and proposes a structured accounting workflow for liabilities recognition and reporting. The findings highlight the importance of classification, measurement, and disclosure in ensuring transparency and compliance with international financial reporting standards.