IFRS 17 Insurance Contracts

by IFRS Training

This training will provide you with an initial working knowledge of the rules as set out by The IFRS Foundation and give you an understanding of how the numbers are constructed and presented and the story that they are telling.

R1199

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img Duration

2 Days

Course Details

This training will provide you with an initial working knowledge of the rules as set out by The IFRS Foundation and give you an understanding of how the numbers are constructed and presented and the story that they are telling.

 

Learning Outcomes:

  • Minimizing the learning curve for getting up to speed on IFRS 17
  • Evaluate the significant impact of these differences through the use of real-world financial statements
  • Appreciate the major technical differences between the existing IFRS 4 and IFRS 17 requirements
  • Evaluate the method and timetable for transition to IFRS 17
  • Providing a vital first-time appreciation of IFRS 17 that will help to plan ahead for its implementation
  • Understand the requirements for transition to IFRS 9 Financial Instruments for insurance companies

 

Modules:

  • Scope and definitions
  • Determining the unit of account – aggregation and groups of contracts
  • IFRS 17 accounting models
  • IFRS 17 measurement and presentation – the general model
  • IFRS 17 measurement and presentation – the premium allocation approach
  • IFRS 17 measurement and presentation – modifications to the general model
  • Transitional rules
  • IFRS 17 presentation and disclosure
  • IFRS 9

Special Message

We offer training across major African cities.
  • Sandton Branch

    165 West Street, Sandown, Sandton, Johannesburg

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