IFRS 17 For General Insurers
It has been many years in the making but the IASB’s new insurance contracts standard has now been published. IFRS 17 introduces a new framework that will replace some of the variety of accounting treatments in existence today.
IFRS 17 contracts will be effective 01 January 2021 and it will bring about significant financial and operational changes, that will impact all parts of the company and the way that business is managed. General insurers should not underestimate the impact of IFRS 17 for insurance contracts, and need to begin to invest time to assess the size of their IFRS 17 projects.
We have designed separate training courses focusing on general insurance and life insurance so that we can focus on the specific issues that these industries will face in more detail. Our training courses are designed to be hands on and interactive, therefore we limit delegate places to a maximum of 18 to allow you to get the most out of your learning and training with us.
Suitability - Who should attend?
This course is for the Analyst, Manager and Trusted Advisor.
Training Course Content
- What is an insurance contract.
- The accounting model.
- Premium allocation and variable fee approaches.
- Interaction with IFRS 9.
- Transitional choices and presentation.
£430 +VAT / Faculty Member £322.50 +VAT
ICAEW Academy of Professional Development
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